Puwakhola-1 Hydropower Calls AGM With an Agenda to Discuss IPO Issuance

Puwakhola -1 Hydropower Limited has called its 6th AGM on 3rd Falgun, 2080. The meeting will be held in the Union House Pvt. lTD., Anamnagar, Kathmandu, starting at 11:00 AM that day.

These are the agendas of the AGM:

1) Endorsement of the annual report of the company
2) Endorse the auditor's report for 2079/80 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) To invest in the new project.
5) To accept the resignation of the Chairman and to do the election of the Chairman of the Board of Directors for the remaining period.
6) To issue ordinary shares of the company to the general public.
7) To revise the proportion of shares to be sold to the general public and promoter shareholders during the initial share issue.
8) To increase the paid-up capital and authorized capital of the company.
9) To discuss the sale of reserve shares of the company.
10) Miscellaneous.

AGM Notice: