Sanima Mai Hydropower 6th AGM on Poush 28; to acquire Sanima Hydropower

Sanima Mai Hydropower Limited (SHPC) will be conducting 6^th Annual General Meeting (AGM) on Poush 28, 2074. The AGM is going to be held at Smart Cafe and Banquet, Dhumbarahi, Kathmandu at 11:00 AM. The main agendas of the AGM are:

• To change the registered office of the company and amend the Memorandum of Association (MOA) and Articles of Association (AOA).
• To acquire Sanima Hydropower Limited and give authority to the Board of Directors (BOD) for the necessary procedures.
• To conduct election of BOD.

Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of authority for the FY 2074/75. The book closure date for the AGM has been set from Poush 14 to Poush 28, 2074. Thus only those shareholders holding their shares till Poush 13, 2074 are eligible to participate in the AGM. After the adjustment of the rights shares, the hydropower company’s total paid-up capital will reach to Rs 2.11 arba from existing Rs 1.05 arba. The company has authorized capital of Rs 2.70 arba. It had earned Rs 15.19 crore in the first quarter of the FY 2074/75. Announcement: