Chilime Hydropower Company Limited (CHCL) will be convening its 21st Annual General Meeting (AGM) on Kartik 24, 2074. The AGM is going to be held at Nepal Police Club, Bhrikutimandap at 11 AM.
The main agendas of the AGM are:
- To endorse 15% stock and 10% cash dividend including for tax purpose to its shareholders from the profits it earned in FY 2073/74.
- After issuance of 15% stock dividend its authorized and paid up capital will increase and amend Article of Association accordingly.
Other agendas of the AGM include financial highlights of the fiscal year 2073/74 and appointment of auditor.
The register of its shareholders will be closed from Ashwin 27, 2074 till Kartik 24, 2074 for the purpose of its AGM. Only those shares traded one day ahead of the book closure date i.e. within Ashwin 26, 2074 are eligible for bonus share and for participation in the AGM.
CHCL has earned Rs 96.63 crore in the fourth quarter of the fiscal year 2073/74. Its paid up capital stand at Rs 3.44 arba, after issuance of 15% stock dividend its paid up capital will reach Rs 3.95 arba.