Last day to secure 10% bonus share of Ngadi Power; Book Closure tomorrow

Today is the last day to grab 10% bonus shares of Ngadi Power Company Limited (NGPL). NGPL is going to conduct its 4^th Annual General Meeting (AGM) on Ashwin 4, 2074 and endorsing 10 percent bonus share and 30 percent right share among other agendas. The register of their shareholders will remain closed from Bhadra 22 to Ashwin 4, 2074 for the purpose of this AGM. Only those shareholders having shares one trading day ahead of the book closure date i.e. within today (Bhadra 21, 2074) are eligible for the bonus share and for participation in the AGM. Separate book closure date will be announced for 30% right shares. Ngadi Power has earned net profit of Rs 4.06 crore in the fourth quarter of the FY 2073/74. The hydropower company’s paid up capital stood at Rs 48.68 crore, after issuance of 10% bonus and 30% right shares its paid up capital will reach Rs 69.62 crore. Siluri Hydropower Company, promoter of Ngadi Group Power Limited (NGPL) is going to build a 40.27 MW Super Nyadi Hydropower Project along the Nyadi river in Lamjung district.