Manakamana Engineering Hydropower to Host 5th Annual General Meeting (AGM)
Manakamana Engineering Hydropower is set to hold its 5th Annual General Meeting (AGM) on August 20th. This exciting news comes after a recent board of directors meeting on Wednesday, the 28th. If you are a shareholder of this hydropower company, mark your calendars!
The AGM will take place at the Royal Darbar Restro & Venue in Maharajgunj, Kathmandu. This is a key event for investors and anyone interested in the company’s performance and future plans.
What to Expect at the AGM:
The primary agenda items for the annual general meeting include a review and approval of the financial statements for the fiscal year 2081/82. Shareholders will have the opportunity to discuss the annual report and provide feedback. Crucially, the meeting will also address the proposal for the issuance of right shares, which could significantly impact the company’s capital structure and future investment opportunities.
Important Dates for Shareholders:
For those who wish to participate in the AGM, it’s vital to know the record date. The shareholder record book will be closed for one day, on August 6th, to determine eligibility. Make sure your shares are in your name by this date if you plan to attend and vote. This is an essential detail for all Manakamana Engineering Hydropower shareholders.
Requirements for AGM Attendance:
Shareholders planning to attend the annual general meeting are required to bring a form of identification with a photo to enter the venue. This could be a share certificate or another form of photo ID. This ensures the security and integrity of the AGM process.
Stay Updated on Hydropower in Nepal:
This AGM announcement is significant for the Nepali hydropower sector, and it offers a great opportunity for investors to stay informed about hydro projects and investment in Nepal. Keep an eye out for more financial news and investment updates related to Manakamana Engineering Hydropower and other Nepali companies. Track the share price and company performance to make informed decisions. This is also an interesting time for renewable energy in Nepal, a topic heavily tied to hydro projects. The hydropower industry is an important part of the Nepali economy and a key part of infrastructure development.
