Singati Hydro Energy Limited Calls AGM on Falgun 1; To Discuss Right Shares Related Agenda
Wed, Jan 24, 2024 10:58 AM on Latest, AGM/Special AGM, Book Closure,
Singati Hydro Energy Limited (SHEL) has called its 14th AGM on 1st Falgun, 2080. The meeting will be held at Dhumra Baraha Venue, Dhumbarahi, Kathmandu, starting at 11 a.m. that day.
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.
18th Magh is the book closure date. Therefore, the shareholders maintained before that day are entitled to attend this AGM.
The company will be issuing 100% right shares worth Rs. 1.45 Arba through the issue of 14,500,000 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of Rs. 1.45 Arba. After the adjustment of the proposed right share i.e. 1.45 crore units, the paid-up capital of the company will increase to Rs. 2.90 Arba.
Poush 22 was the book closure date for the right shares. So only those shareholders who held their shares till Poush 21 are eligible to claim for the right share issue.
