Sagarmatha Jalabidhyut Company Organizing 3rd AGM Today | To Issue 1:1 Right Share

January 10, 2024 | Investopaper

Sagarmatha Jalabidhyut Company Limited will convene its 3rdAnnual General Meeting (AGM) on Poush 25, 2080 BS [January 10, 2024]. The meeting will take place at the Kundalini Durbar Banquet, Chandol, Kathmandu. The AGM will start after 1 PM.

The major agendas for the AGM include:

Discussion and approval of financial reports for the fiscal year 2079/80.

Appointment of auditor for the fiscal year 2080/81.

Delegation on authority to BOD for any merger/acquisition decisions.

Appointment of 2 directors representing public shareholders.

Issue of 1:1 right share.

Book Closure Date:

For the AGM purpose, the company had fixed the book closure date on Poush 12, 2079 BS. The investors purchasing/holding the shares of the company before the book closure date will be eligible to participate in the annual meeting.


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