Balephi Hydropower Calls AGM on Magh 10; To Discuss Right Shares Related Agenda

Balephi Hydropower Limited (BHL) has called its 12th AGM on 10th Magh, 2080. The meeting will be held at Amrapali Banquet, Naxal, Kathmandu, starting at 11 a.m. that day.

Among the other agendas, there is an agenda regarding the issuance of right shares in the ratio of 1:1.

These are the agendas of the AGM:

1) Endorsement of the annual report of the company
2) Endorse the auditor's report of 2079/080 with PNL statements, financial reports, and cash flow reports.
3) Appointment of the auditor and determination of their remuneration for the fiscal year 2080/81.
4) Reconstruct the board of directors.
5) To change the address of the company, to amend Article 2 of the Articles of Association and Rule 2 of the Regulations.
6) To discuss the use of the capital received after the issue of 100% right shares.
7) To empower the full of authority to the board of directors to amend the company's articles of association and by-laws, along with approving proposals for rights shares from regulatory bodies.

27th Poush is the book closure date. Therefore, the shareholders maintained before that day are entitled to attend this AGM.

AGM Notice: