Api Power Company 12th AGM on Poush 30; No dividend this time

Api Power Company Limited (API) will be convening its 12^thAnnual General Meeting (AGM) on Poush 30, 2072. The AGM will be held at Trade Tower Business Center, Thapathali, Kathmandu at 11:00 AM. The main agendas of the AGM include financial highlights of 2071/72, appointment of auditor and to elect 2 BOD members from public shareholders group. The register of their shareholders will remain close from Poush 9, 2072 till Poush 30, 2072 for the purpose of its upcoming (AGM). API Power Company Limited had floated IPO of 30,00,000 unit shares of Rs 100 face value each from Ashad 24, 2072. Allotment for investors who had applied from Rs 5000 or 50 units to Rs 290,00 or 290 units shares was decided through lottery and remaining investors who had applied for Rs.30,000 or 300 units to Rs 50,000 or 500 units were allotted 3.2 % to 3.3 % on pro-rata basis. And the other investors applied for Rs 51,000 or 510 units to Rs 1,00,000 or 1, 000 units were allotted 2.5% to 2.6% on pro rata basis.