About the Meeting
The Board of Directors of United Modi Hydropower Ltd. hereby gives notice that the Annual General Meeting (AGM) of the company will be held as per the details set out below. All registered shareholders are cordially invited to attend and participate.
Meeting Details
- Date: Poush 15, 2081 (December 29, 2024)
- Time: 11:00 AM Nepal Standard Time
- Venue: Registered Office — 1st Floor, Heritage Plaza-II, Kamaladi, Kathmandu
- Mode: In-person with provisions for virtual participation
Agenda
- Ratification of the minutes of the previous Annual General Meeting.
- Presentation and adoption of the Annual Report and Audited Financial Statements for Fiscal Year 2080/81.
- Appointment of Auditors for Fiscal Year 2081/82 and fixing of their remuneration.
- Declaration of dividend for Fiscal Year 2080/81.
- Election of Directors as per the Company Act, 2063.
- Any other business with the permission of the Chair.
Shareholders are requested to bring their share certificate or demat account details and valid photo identification to the meeting venue.
Dividend Notice
The Board of Directors has recommended a cash dividend of 15% on the paid-up capital (NPR 1.50 per share of NPR 10 face value) for Fiscal Year 2080/81, subject to approval at the AGM. The book closure date for dividend eligibility will be announced separately.
Shareholders holding dematerialised shares must ensure their demat accounts are updated with the registrar, Nabil Investment Banking Ltd., prior to the book closure date. Physical shareholders must submit their share certificates for conversion to demat format.
Proxy Voting
Shareholders unable to attend in person may appoint a proxy by submitting a duly completed and signed proxy form to the Company Secretary at least 48 hours before the commencement of the meeting. Proxy forms are available at the registered office or as an attachment below.
