Annual General Meeting of Vikas Hydropower on September 26

Kathmandu – Vikas Hydropower Company Limited has announced that its Annual General Meeting (AGM) will be held on September 26 (Ashoj 10) at Sasa Banquet, New Baneshwor, Kathmandu.

The AGM will endorse the Board of Directors’ report, the auditor’s report, and other financial statements. It will also appoint three directors from the public shareholder group and approve necessary amendments to the company’s Memorandum of Association and Articles of Association.

The company has clarified that no dividend will be proposed in this AGM. For the purpose of the meeting, the company has decided to close its shareholders’ register on September 9 (Bhadra 24). Therefore, only those shareholders holding shares until September 8 (Bhadra 23) will be eligible to participate in the meeting.