NRN Infrastructure and Development Limited (NRN) has scheduled its 12th Annual General Meeting (AGM) for Poush 12, 2081, at Amrapali Banquet, Kathmandu, starting at 9 AM.
Key Agendas:
1. Dividend Approval:
Approval of a 5.2632% dividend for the fiscal year 2080/81, which includes:
- 5% bonus shares worth Rs. 6.11 crores.
- 0.2632% cash dividend for tax purposes, amounting to Rs. 32.18 lakhs.
The company’s current paid-up capital is Rs. 1.22 Arba.
2. Rights Issue:
- Proposal to issue rights shares in a 1:1 ratio after distributing the bonus shares.
3. Auditor’s Report and Appointment:
- Approval of the auditor’s report, including profit and loss statements, financial reports, and cash flow statements.
- Appointment of an auditor for the fiscal year 2081/82.
4. Board Elections:
- Election of 6 directors from the promoter group, including one female director.
5. Capital Increase and Merger/Acquisition:
- Proposal to increase the company’s paid-up capital.
- Authorization for the Board to identify companies for merger or acquisition, conduct due diligence, and finalize necessary procedures.
Book Closure Date:
The book closure date is Mangsir 21, 2081. Shareholders who maintain shares before this date will be eligible for the dividend and can participate in the AGM.
Notice: NRN Infrastructure Announces 12th AGM
