Terhathum Power Company Limited (TPC) has announced its 6th Annual General Meeting (AGM) scheduled for the 21st of Poush, 2080 (January 6, 2024). The meeting is slated to commence at 12:30 p.m. and will take place at the Company Register Office in Battisputali, Kathmandu.
The key agendas for the AGM include the endorsement of the company’s annual report, approval of the auditor’s report for the fiscal year 2079/080, encompassing profit and loss statements, financial reports, and cash flow statements. Additionally, the meeting will address the appointment of auditors and the determination of their remuneration for the upcoming fiscal year 2080/81. The agenda also includes miscellaneous matters for discussion.
In addition to the AGM proceedings, there is an agenda pertaining to the issuance of right shares at a ratio of 1:1 on the paid-up capital amounting to Rs. 40 Crores. The book closure date has been set for the 28th of Mangsir. Shareholders who maintain their positions before this date will be eligible to participate in the AGM and engage in the decision-making processes.
Highlights:
- Samudayik Laghubitta Bittiya Sanstha Limited Calls 9th AGM for Fiscal Year 2078/79
- Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores
- Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor’s report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM.
- Deprosc Laghubitta (DDBL) Announces Book Closure Date for Cash Dividend of 21.052%
- Chhimek Laghubitta (CBBL) Announces Book Closure Date for its Cash Dividend of 25.26%
