United Modi Hydropower postponed its 10th AGM (Annual General Meeting) to Jestha 27th, 2081. The meeting will occur at the Kalimati Banquet in Kalimati, Kathmandu, at 11:00 AM.
The AGM was originally scheduled on the 29th of Chaitra, 2080, but was postponed due to insufficient shareholder participation.
AGM Agendas:
- Annual Report Endorsement: Approval of the company’s annual report.
- Auditor’s Report: Approval of the auditor’s report for 2079/080, including profit and loss statements, financial reports, and cash flow reports.
- Auditor Appointment: Appointment of the auditor and determination of their remuneration for the fiscal year 2080/81.
- Election of Directors: Election of 4 directors.
- Issuance of Right Shares: Approval of the issuance of right shares in the ratio of 1:1.
- Capital Increase: Increase the authorized and issued capital to facilitate the issuance of right shares, with corresponding amendments to the company’s charter and regulations. The board is granted full authority to execute necessary actions and handle regulatory matters with relevant authorities during this process.
The book closure date was set for 7th Chaitra. Shareholders recorded before this date are eligible to attend the AGM.
Notice: United Modi Hydropower postponed its 10th AGM
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