Nepal Lube Oil Limited to Hold 34th Annual General Meeting on Ashwin 31
Author
NEPSE TRADING
Nepal Lube Oil Limited has announced that its 34th Annual General Meeting (AGM) will be held on Ashwin 31, 2082 (October 17, 2025, Friday) at 11:30 AM at The Plaza, Pulchowk, Lalitpur.
The decision was made in the company’s 383rd board meeting, and several key agendas will be discussed and endorsed during the AGM.
Key Agendas
Discussion and approval of the Board of Directors’ report for FY 2081/82.
Endorsement of the auditor’s report, balance sheet up to Ashad-end 2082, profit and loss statement, and cash flow statement.
Approval of consolidated financial statements of subsidiaries NLOL Energy Ltd and NLOL Synergy Ltd.
Distribution of 20% bonus shares and cash dividend of Rs. 766,982 (1.052645%) as recommended by the board.
Appointment of an external auditor for FY 2082/83 and determination of remuneration.
Appointment of new directors representing general shareholders.
Special Proposals
Approval of a 1:2 ratio right share issue following the approval of the bonus shares.
Increase of the company’s authorized, issued, and paid-up capital after bonus and right share issuance.
Authorization of the Board of Directors to amend the Articles of Association and complete necessary legal and regulatory processes related to capital increment.
Additional Information
The shareholders’ register will remain closed from Ashwin 12 to Ashwin 31 for AGM purposes.
Shareholders unable to attend may appoint a proxy representative.
The AGM will only be conducted if the required quorum is met.
The company has invited all shareholders to participate in the meeting and approve the proposed agendas.
