Ridi Power's 23rd AGM: A Look at the Key Proposals and Decisions - Alblag.Com

Ridi Power Company Limited has announced its 23rd  Annual General Meeting (AGM) to be held on 07 Mangsir,2081 (22 November 2024) at Hotel Pashupati, Gaushala, Kathmandu.

Key Points from Notice:

• Approval of Financial Statements: The company will present its financial statements for the fiscal year 2080/81 for discussion and approval.
• Appointment of Auditor: The AGM will appoint the State Auditor for the fiscal year 2081/82 and determine their remuneration.
• Approval of Loan: Shareholders will vote on approving a loan taken to repair the Iwakhola Hydropower Project.
• Investment in Sahaj Power Company Limited: The meeting will discuss and vote on investing 55% of Sahaj Power Company Limited's total proposed capital through a right share issue.
• Authorization to Regulatory Bodies: The AGM will authorize the Board of Directors to make necessary amendments to the company's Memorandum of Association and Articles of Association.
• Book Closure Date: Kartik 29,2081 (14 November 2024)

23rd AGM Book Closure Notice for Ridi Power Company Ltd.

23rd AGM Notice for Ridi Hydropower Company Ltd.