Seven listed Companies to convene their AGM today; Check the agendas of NTC, NCDB, SADBL and more

Nepal Doorsanchar Company Limited (NTC) will be convening 11^th Annual General Meeting (AGM) on Poush 30, 2075. The AGM will be held at Tribhuvan Army Officers Club, Kathmandu from 3 PM. The main agendas of the AGM are:

• To endorse cash dividend of Rs.55 per share, from the net profit of FY 2074/75.
• To amend the Memorandum of Association (MOA) and Articles of Association (AOA).

Other agendas of the AGM are major financial highlights of the FY 2074/75 and appointment of auditor for the FY 2075/76.

Nepal Community Development Bank (NCDB) will be convening its 9^th AGM on 30^th Poush i.e. today at Dreamland Gold Resort, Rupandehi from 9 AM.

The agendas of the AGM includes:

1. Endorsement of audited financial report of FY 74/75.
2. To approve 6.42% cash dividend worth Rs.3.37 Crore.
3. To appoint 4 directors from promoter shareholder group.
4. To approve 1% bonus shares worth Rs.92.64 Lakhs to be distributed for the shareholders and make necessary adjustments in the issued and paid up capital.
5. Appointment of statutory auditor for the FY 75/76.
6. To make necessary adjustments related to merger and acquisition process.

Shangrila Development Bank (SADBL) will be convening its 14^th AGM today at Amritbhog, Kalikasthan from 9:30 AM.

The agendas of the AGM includes:

1. Endorsement of audited financial report of FY 74/75.
2. To approve 5.45% cash dividend (Including tax).
3. To appoint 3 directors each from promoter shareholder group and ordinary shareholders group.
4. To approve 4% bonus shares worth Rs.10.02 Crore to be distributed for the shareholders and make necessary adjustments in the issued and paid up capital.
5. Appointment of statutory auditor for the FY 75/76.
6. To make necessary adjustments related to merger and acquisition process.

Naya Nepal Laghubitta Bittiya Sanstha Limited(NNLB) will be convening its 10^th AGM on 30^th Poush 2075 at Hotel Jugal, Dhulikhel from 11 AM.

The microfinance company will be endorsing audited financial reports of FY 74/75 and will be appointing statutory auditor for FY 75/76. The company will also appoint 3 directors each from promoter shareholders group and ordinary shareholders group. Other agendas of the AGM include making necessary amendments for the purpose of merger and acquisition and to authorize the BOD for the same.

Hydroelectricity Investment and Development Company Limited (HIDCL) will be convening its 7^th AGM  on 30^th Poush 2075 at Nepal Pragya Pratisthan, Kamladi from 11 AM.

1. The book closure date for this purpose is on 17^th Poush 2075. Shareholders holding shares of the company till 16^th Poush will be eligible to attend the AGM of the company.
2. The company has proposed to distribute 10% bonus shares worth Rs.1 Arba and cash dividend worth Rs.2.10 Crore for tax purpose.
3. The company will be proposing 100% right shares.

Dibyashwari Hydropower Limited (DHPL) will be convening its 4^th, 5^th and 6^th AGM for FY 72/73, 73/74 and 74/75 today at Yogambar Banquet, Singh durbar from 11 AM. The agendas of the AGM includes endorsement of audited financial reports of the past three fiscal years and appointment of statutory auditor for FY 75/76. Appointment of directors from promoter shareholder group is also one of the agendas. Other agendas include making necessary changes in the Memorandum and regulations of the company.

Similarly, Arun Kabeli Power Limited (AKPL) will be convening its 7^th and 8^th AGM for the FY 73/74 and 74/75 today at Indreni Complex, New Baneshowr from 11 AM. The agendas of the AGM includes endorsement of audited financial reports of the past two fiscal years and appointment of statutory auditor for FY 75/76. Other main agendas include appointment of 4 directors from promoter shareholders group and 2 directors from ordinary shareholder group.