Share Market Updates

Himal Dolakha Hydropower will issue right shares, call for general meeting

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Kathmandu: Himal Dolakha Hydropower Company has convened a general meeting with the rights issue proposal. The meeting of the committee of directors held on 14th of July of the company called the thirteenth and fourteenth annual general meeting.

The meeting will start on 5th August at Lisara Hall, Naxal, Kathmandu from 11 am. The agenda of the assembly is to discuss the annual report for the financial year 2076-77 and 2077-2078 and to appoint an auditor and determine his remuneration.

The company will present a proposal to the meeting to issue 100:75 ratio of 75 percent of the paid-up capital of 1.6 billion rupees. The company will close the books on July 19 for the general meeting. On this basis, the shareholders will be able to participate in the company’s meeting until July 18.

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