Nepal Hydro Electric Limited with shareholder Butwal Power Company aims to bring four new agendas on the AGM table

Wed, Aug 8, 2018 4:38 AM on AGM/Special AGM, Latest,

Nepal Hydro & Electric Limited will be conducting its 13th AGM on 17th Bhadra, 2075 at 12:15 pm in Club Denovo Hotel, Rupandehi. Even Butwal POwer Company Limited has shares of the mentioned hydro company. The special agendas set are:

  • Approval of 10% dividend (5% cash and 5% bonus) from the company
  • Increase the authorized paid up capital from Rs 15 crore to Rs 16 crore
  • Increase the issued capital from Rs 14 crore to Rs 15 crore 38 lakhs 31 thousand 9 hundred
  • Discussion on loan limit
  • Reformation of management team aligning to the shareholder Butwal Power Company’s Company Act, 2063 provision no. 77 (2)