Kabeli Hydropower Company Proposes 16.3158% Cash Dividend for FY 2082/83; Calls AGM On Bhadra 27

Kabeli Hydropower Company Limited (KHCL) has called its 5th AGM on 27th Bhadra, 2083. The meeting will be held in the Everest Hotel, Naya Baneshwor, Kathmandu, starting at 10 am that day.

These are the agendas of the AGM:

1. To discuss and approve the Annual Report for the fiscal year 2082/83 presented by the Chairman on behalf of the Board of Directors.
2. To discuss and approve the Balance Sheet, Profit & Loss Account, Cash Flow Statement, and related schedules for FY 2082/83 along with the Auditor’s Report.
3. To appoint an auditor for FY 2083/84 and to determine their remuneration.
4. To revise the meeting allowance of the members attending the Board of Directors meetings..
5. To distribute a cash dividend of 16.3158% (including tax) on the paid-up capital from the profit of FY 2082/83 as recommended by the Board of Directors.
6.To approve the decision regarding acceptance of Loan Against IPO from NMB Bank Limited as per the decision of the Board of Directors meeting held on falgun 10, 2082.
7. Misc.

Bhadra19 is the book closure date. Thus, the shareholders maintained before that day are entitled to attend the AGM.

AGM Notice