Tag: Calls

  • Ngadi Group Power Limited (NGPL) Calls Special General Meeting (SGM) to Discuss Right Shares and Other Agendas

    Ngadi Group Power Limited (NGPL) Calls Special General Meeting (SGM) to Discuss Right Shares and Other Agendas


    Ngadi Group Power Limited (NGPL) has scheduled a Special General Meeting (SGM) to take place on the 14th of Shrawan, 2080. The meeting will be held at Lord Party Venue in Dhumbarahi and is set to commence at 10 am on that day.

    The SGM will address several important agendas, including the endorsement of 100% right shares based on the company’s current paid-up capital of Rs. 1.85 Arba. Another item on the agenda is the proposed change in the company’s location, which will require amending the Articles of Association subsequent to the issuance of the right shares. The shareholders will be asked to grant full authority to the Board of Directors (BoDs) to execute the necessary actions related to these amendments in accordance with the guidance provided by the regulatory board. Additionally, the meeting will discuss the repayment of debt incurred by the company.

    It is important to note that the book closure date is set for Shrawan 04. Shareholders who maintain their ownership before this date will be eligible to attend the SGM.

  • Announcement: Nepal Infrastructures Investment Fund Limited Calls 1st Special General Meeting to Discuss Key Agendas and Shareholder Participation

    Announcement: Nepal Infrastructures Investment Fund Limited Calls 1st Special General Meeting to Discuss Key Agendas and Shareholder Participation


    Nepal Infrastructures Investment Fund Limited has announced its plans to hold the 1st Special General Meeting (SGM) on the 7th of Shrawan, 2080. The meeting will take place in Jhamsikhel, Lalitpur, and is scheduled to commence at 10 am on the aforementioned day.

    The SGM will address several important agendas that require the attention and participation of the shareholders. Firstly, there will be a proposal to amend the Articles of Association, which are the fundamental rules governing the company’s operations. This suggests that certain changes or updates are being considered to ensure the smooth functioning and adaptability of the organization.

    Additionally, another significant item on the agenda is the issuance of 100% right shares from the company’s paid-up capital. This means that existing shareholders will have the opportunity to acquire additional shares in proportion to their existing holdings. The Board of Directors (BODs) will be entrusted with the responsibility of overseeing this process, granting them full authority in its execution.

    Furthermore, the meeting aims to discuss the recruitment of strategic founding investors following the issuance of the right shares. This indicates the company’s intention to bring in new investors who can contribute strategically to the growth and development of the organization. By attracting these investors, Nepal Infrastructures Investment Fund Limited aims to strengthen its financial position and gain valuable expertise and resources.

    It is important to note that the book closure date has been set for Ashad 28. This means that only shareholders registered before this date will be eligible to attend the SGM. Therefore, shareholders are urged to ensure their registration is completed before Ashad 28 to participate in this significant meeting.

    Overall, the 1st Special General Meeting of Nepal Infrastructures Investment Fund Limited holds great importance for the company and its shareholders. The proposed agendas, including the amendment of the Articles of Association, issuance of right shares, and recruitment of strategic founding investors, reflect the company’s efforts to enhance its operations and secure a strong financial foundation for future growth.

  • Samudayik Laghubitta Bittiya Sanstha Limited Calls 9th AGM for Fiscal Year 2078/79

    Samudayik Laghubitta Bittiya Sanstha Limited Calls 9th AGM for Fiscal Year 2078/79


    Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has scheduled its 9th Annual General Meeting (AGM) to take place on the 22nd of Ashad, 2080. The AGM will be held at The Dhulikhel Lodge Resort in Dhulikhel, Kavrepalanchowk, starting at 11 AM.

    One of the key agenda items to be discussed and endorsed during the meeting is the distribution of a 15% dividend for the fiscal year 2078/79. The board of directors has proposed to distribute the dividend based on the company’s paid-up capital of Rs. 13.20 crores. This includes 10% bonus shares worth Rs. 1.32 crores and a 5% cash dividend amounting to Rs. 66 lakhs. Additionally, the election of four directors from the promoter shareholding group and two directors from the public shareholding group will be conducted.

    The AGM will also cover the endorsement of the auditor’s report, including profit and loss statements, financial reports, and cash flow reports. An auditor for the fiscal year 2079/80 will be appointed, and full authority will be granted to the Board of Directors or a designated person to carry out any necessary tasks related to mergers, acquisitions, and amendments to the Articles of Association.

    It is important to note that the book closure date has been set for Ashad 14. Therefore, shareholders who are recorded before this date will be eligible for the dividend payout and are invited to attend the AGM.

  • “Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) Calls AGM for Acquisition Approval and Dividend Declaration”

    “Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) Calls AGM for Acquisition Approval and Dividend Declaration”


    Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has scheduled its 4th Annual General Meeting (AGM) to take place on the 16th of Ashad, 2080. The meeting will be held at Hotel Arniko in Dhulikhel, commencing at 1 PM.

    Considering the ongoing acquisition of Rastra Utthan Laghubitta by Asha Laghubitta Bittiya Sanstha Limited (ALBSL), both AGMs will pass a resolution to evaluate the Due Diligence Audit. Additionally, they will endorse a share swap ratio of 1:1 for the acquisition and approve the final agreement. The newly formed entity resulting from the acquisition will be named ‘Rastra Asha Laghubitta Bittiya Sanstha Limited’. The AGM will also address the amendment of the Articles of Association, granting full authority to the board of directors to modify various acquisition-related proceedings based on instructions from regulatory bodies.

    Moreover, during the AGM, the approval of a 15% dividend worth Rs. 3.9 Crores for the fiscal year 2078/79 will be sought. In a previous meeting held on Baisakh 13, the board of directors had decided to distribute 14.25% bonus shares amounting to Rs. 3.7 crores and a 0.75% cash dividend worth Rs. 19.50 lakhs from the paid-up capital of Rs. 26 Crores.

    To be eligible for the dividend payout and attendance at the AGM, shareholders must maintain their shares before the book closure date, which falls on Ashad 05.

  • Exciting Opportunities Await: Ridi Power Company Calls Special General Meeting for Lucrative Rights Offering and Capital Amendment

    Exciting Opportunities Await: Ridi Power Company Calls Special General Meeting for Lucrative Rights Offering and Capital Amendment


    Ridi Power Company Limited (RIDI) has announced its plan to hold a Special General Meeting (SGM) on 8th Ashad, 2080. The meeting will take place at the Indreni Complex in Naya Baneshwor, Kathmandu, starting at 11 am.

    One of the key proposals on the agenda is a rights offering of a 1:0.50 ratio, which means that existing shareholders will have the opportunity to purchase additional shares at a ratio of one share for every two shares held. The total number of rights shares being offered is 77,44,506 units, valued at Rs. 77.44 Crores. However, this issuance is subject to approval by the Securities Board of Nepal (SEBON).

    The rights shares will be issued based on the company’s paid-up capital, which currently stands at Rs. 1,54,89,01,200. If approved, the authorized, issued, and paid-up capital of the company will increase accordingly. To facilitate these changes, the meeting will also seek to amend the relevant sections of the Articles of Association and grant full authority to the Board of Directors (BoDs) to carry out the necessary amendments as guided by the regulatory board.

    The book closure date for shareholders to be eligible to attend the SGM is Jestha 32. This means that shareholders who hold shares in the company on or before this date will have the right to participate in the meeting and have their voices heard.

    The SGM serves as an important platform for shareholders to discuss and decide on crucial matters related to the company’s future direction and growth.

  • Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) Calls 4th AGM with Proposed 15% Dividend Distribution

    Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) Calls 4th AGM with Proposed 15% Dividend Distribution


    Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has announced that today is the final day for shareholders to avail the proposed dividend. The company has scheduled its 4th Annual General Meeting (AGM) to take place on 4th Ashad, 2080. The AGM will be held at The SR Hotel in Tilottama Municipality -01, Drivertole, Rupandehi, starting from 9 AM on that day.

    One of the key agendas of the AGM is to approve a dividend of 15% for the fiscal year 2078/79. The decision to distribute the dividend is based on the paid-up capital of Rs. 16 Crores. It has been proposed to distribute a cash dividend of 0.75%, amounting to Rs. 12 lakhs, and a bonus share dividend of 14.25%, worth Rs. 2.28 crores.

    The book closure date for entitlement to the dividend is on Jestha 23. Therefore, shareholders who have maintained their shares until today are eligible for the dividend payout and are welcome to attend the upcoming AGM.

    The dividend announcement by JALPA provides an opportunity for shareholders to benefit from their investment in the company. Attending the AGM allows shareholders to stay updated on the company’s performance, participate in decision-making, and engage with fellow shareholders.

  • AHPC Board Decisions: Special General Meeting and Right Share Issuance

    AHPC Board Decisions: Special General Meeting and Right Share Issuance


    The Board of Directors of Arun Valley Hydropower Development Company Limited (AHPC) recently held a meeting at 3 PM, where they made significant decisions. One of the key resolutions reached during the meeting was to convene a Special General Meeting (SGM) on Ashad 07, 2080. The purpose of the SGM is to discuss and seek approval for various matters pertaining to the company.

    The primary agenda on the table is the endorsement of the issuance of right shares in a 1:1 ratio. This means that AHPC plans to issue 18,679,626 right shares with a par value of Rs. 100, amounting to a total value of Rs. 1.86 Arba. The intention behind issuing these right shares is twofold and has specific targets for the allocated funds.

    The first objective is to invest 50% of the total amount raised through the right shares, which corresponds to 9,339,813 unit right shares worth Rs. 93.39 crore, into the Likhu Khola Hydropower Project. This particular project, with a capacity of 30 MW, is being promoted by PK Hydropower Pvt. Ltd. By allocating these shares, AHPC aims to support the development and implementation of the Likhu Khola Hydropower Project.

    The second objective is to utilize the remaining 9,339,813 unit shares worth Rs. 93.39 crore to repay the loan taken by AHPC for the Kabeli ‘B’-1 Cascade Hydropower Project, located in Panchthar. The issuance of right shares will facilitate the company in meeting its financial obligations and reducing its debt burden.

    These decisions, which include calling for an SGM and endorsing the issuance of right shares with specific allocations, will be presented during the Special General Meeting. It is during this meeting that AHPC’s shareholders will have the opportunity to discuss, deliberate, and ultimately vote on these matters. The outcomes of the SGM will shape the future actions and direction of Arun Valley Hydropower Development Company Limited.

  • Summit Laghubitta Bittiya Sanstha AGM Announced: Dividend Endorsement, Merger Proposal, and FPO Agenda on the Table

    Summit Laghubitta Bittiya Sanstha AGM Announced: Dividend Endorsement, Merger Proposal, and FPO Agenda on the Table


    Summit Laghubitta Bittiya Sanstha Limited (SMFDB) has announced the date for its 14th Annual General Meeting (AGM) on 30th Jestha, 2080. The meeting is scheduled to take place at Arniko Party Palace in Banepa, commencing at 10:30 AM.

    One of the key agendas of the AGM is the endorsement of a 14.276582% dividend for the fiscal year 2078/79. During the 33rd board of directors meeting held on Falgun 15, it was decided to distribute this dividend on the paid-up capital of Rs. 49.40 crores. The proposed dividend includes a bonus dividend of 13.562753%, amounting to Rs. 6.70 crores, and a cash dividend of 0.713829%, equivalent to Rs. 35.26 lakhs (for tax purposes).

    Additionally, the AGM will discuss and vote on resolutions related to the Due Diligence Audit and Memorandum of Understanding for the proposed merger between Summit Laghubitta and National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS). The share swap ratio for the merger has been set at 100:82, meaning that for every 100 units of Summit’s shares, shareholders will receive 82-unit shares of National Microfinance.

    Furthermore, the meeting will address the issuance of Further Public Offerings (FPO) to the general public, aiming to increase the company’s public shareholding ratio by 30%. Currently, the promoter to public shareholding ratio of the company stands at 80.63:19.37. There is also an agenda to raise the authorized capital to Rs. 70 crores.

    It is important to note that the book closure date has been set on Jestha 18. Shareholders who hold shares before this date will be eligible for the dividend payout and are welcome to attend the AGM. These discussions and resolutions signify the company’s efforts to enhance shareholder value and explore opportunities for growth and expansion.

  • Chhyangdi Hydropower Company Approves 100% Right Shares Offering

    Chhyangdi Hydropower Company Approves 100% Right Shares Offering


     

    Chhyangdi Hydropower Company Limited (CHL) has scheduled its 9th Annual General Meeting (AGM) for the 28th of Baisakh, 2080. The conference would begin at 11 a.m. that day in Agrawal Bhawan, Kamalpokhari, Kathmandu.

     

  • The Book Closure Date for Kamana Sewa Bikas Bank’s 4.64% Dividend has been announced.

    The Book Closure Date for Kamana Sewa Bikas Bank’s 4.64% Dividend has been announced.


    Kamana Sewa Bikas Bank Limited (KSBBL) has scheduled its 16th Annual General Meeting for the 31st of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day at the Siddhartha Boutique Hotel in Kathmandu.

    Among the other items on the agenda, the AGM will approve a 4.64% cash dividend for fiscal year 2078/79. The dividend would be paid from the company’s paid-up capital of Rs. 3.14 Arba. A cash dividend of 0.23% and 4.41% bonus shares have been recommended. Thus, the bonus shares are worth little more than Rs. 13.85 crores, and the cash dividend is worth slightly more than Rs. 72.94 lakhs.

    The book will be closed on Baisakh 15. As a result, shareholders who held shares prior to that date are entitled to dividends and are welcome to attend this AGM.

     

  • On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings.

    On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings.


     

    Liberty Energy Company Limited (LEC) has scheduled its 11th, 12th, and 13th Annual General Meetings on the 25th of Baisakh, 2080. The meeting would begin at 11 a.m. that day at Amritbhog Caterings in Kalikasthan, Kathmandu.

     

  • Mirmire Laghubitta (MMFDB) and Nerude Laghubitta (NLBBL) Call for Baisakh 10 SGM to Approve Merger

    Mirmire Laghubitta (MMFDB) and Nerude Laghubitta (NLBBL) Call for Baisakh 10 SGM to Approve Merger


     

    The Special General Meeting (SGM) of Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) and Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has been scheduled for 10th Baisakh, 2080. The MMFDB meeting will be held at Hotel Sarathi in Dhulikhel, while the NLBBL meeting will be held at Udhyog Sangathan Morang in Biratnagar. The MMFDB meeting will begin at 12:30 PM that day, while the NLBBL meeting will begin at 11 AM.