11th AGM of Upper Tamakoshi today: The election of director is cancelled

Tue, Jul 16, 2019 12:04 PM on AGM/Special AGM, Latest,

Upper Tamakoshi Hydropower Limited (UPPER) is convening its 11th Annual General Meeting (AGM) today i.e. on Ashadh 31, 2076. The AGM is being held at City Hall, Exhibition Road, Kathmandu.

This AGM is previously held on Ashadh 11 and it was postponed for today due to the inadequacy of quorum.

Agendas of the meeting include endorsement of audited financial report for the FY 2074/75, appointment of statutory auditor for the FY 2075/76.

However main agendas of electing the board members has been cancelled due to the legal issues in electing the BOD members.

According to law, there must be one female member on board, given that there is/are female investor/s in the company.