Ridge Line Energy Limited Calls 5th AGM On Kartik 17

Ridge Line Energy Limited (RLEL) has called its 5th AGM on 17th Kartik, 2083. The meeting will be held at Kupondole Banquet, Lalitpur, starting at 10:00 AM.

These are the agenda items for the AGM:

1) Endorsement of financial reports for the fiscal year 2082/83.
2) Endorsement of the auditor's report with PL statements, financial reports, and cash flow reports.
3) Endorse the appointment of the auditor for the fiscal year 2083/84.
4) To endorse the 10.52% cash dividend (including tax) worth Rs. 12.47 Crores from the paid-up capital. The paid-up capital of the company is Rs. 1.18 Arba.
5) To approve the decision made by the 121st Board of Directors’ meeting regarding the establishment of a subsidiary company.
6) To elect one director representing the public shareholders.
7) To approve the expenditure incurred under Corporate Social Responsibility (CSR) during FY 2082/83.
8) To approve the meaningful transaction and the expenses incurred in connection with it.
9) To approve the corporate guarantee provided to Rastriya Banijya Bank Limited for the loan/credit facility of Doodhpokhari Chepe Hydropower Limited.
10) To approve the transfer or sale of the electricity generation survey license of the Maiwa Khola Hydropower Project (12.504 MW).

AGM Notice: