People's Power Limited Calls AGM on 17th Baishakh 2081; Agenda To Endorse 50% Right Shares Issue
Thu, Apr 4, 2024 11:12 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
People's Power Limited (PPL) has called its 6th and 7th AGM on 17th Baisakh, 2081. The meeting is going to be held at Lisara Banquet Hall Naxal, starting on at Monday 10:00 AM.
These are the agendas of the AGM:
i. Endorse the annual report of the fiscal years 2078/79 and 2079/80.
ii. Endorse the auditor's report with Profit Loss, Balance sheet statements, financial reports, and cash flow statements.
iii. Endorse the appointment of an auditor for the fiscal year 2080/81.
iv. To elect 5 directors from the promoter shareholding group including one woman director and 1 director from the public shareholding group.
v. To appoint the appointment of an independent director.
vi. To discuss the issuance of the right share in the ratio of 1:0.50 i.e. 31,63,000 units and give full authority to the BoDs to oversee right-related procedures.
The book closure date is announced for Chaitra 29. Thus, investors maintained before that day are eligible to attend the company's AGM.
