Chilime Hydropower and Butwal Power Company to convene their AGM today; Shareholders to receive 25% and 28% dividends respectively

Chilime Hydropower Company Limited (CHCL) will be convening its 22^ndAGM on Poush 27 i.e. today. The AGM will be convened in the premises of Army Officers club, Kathmandu at 11:00 AM.

The main agendas of the meeting include:

1. To endorse 20% bonus shares worth Rs 79.30 crore for its shareholders
2. To make amendments in the MoA to increase the authorized capital and issued capital of the company

Other agendas of the meeting include endorsement of audited financial report for the FY 2074/75, appointment of statutory auditor for the FY 2075/76 and distribution of 5% cash dividend worth Rs 19.82 crore.

Butwal Power Company Limited (BPCL) will be convening its 26^th AGM on Poush 27 i.e. today. The AGM will be convened in the premises of Karki Banquet, Babarmahal, Kathmandu at 10:00 AM.

The main agendas of the meeting include:

1. To increase the paid-up capital of the company to Rs 2.44 arba
2. Endorsement of 10% bonus shares for the FY 2074/74
3. To make listed amendments in the MoA

Other agendas of the meeting include endorsement of audited financial report for the FY 2074/75, distribution of 18% cash dividend for the shareholders, appointment of 2 independent directors and appointment of 2 directors from ordinary shareholders including 1 female director.