Nepal Warehousing Company Limited (NWCL) has scheduled its Special General Meeting (SGM) for Kartik 7, 2081, at Amritbhog Catering, Kalikasthan, Kathmandu, starting at 3:00 PM.
During the meeting, the board of directors will discuss the proposal to issue 100% right shares on the company’s paid-up capital of Rs. 68.75 Crore. This initiative is aimed at raising funds for NWCL’s hydropower projects. The issuance of 6,875,000 right shares will double the company’s paid-up capital to Rs. 1.37 Arba.
The book closure date for the SGM is set for Kartik 1. Shareholders who hold shares prior to this date will be eligible to attend the meeting and participate in decision-making.
