Sahas Urja Limited (SAHAS) has announced its 12th Annual General Meeting (AGM) for 24th Mangsir, 2082. The meeting will take place at Karki Banquet, Babarmahal, Kathmandu, starting at 11:00 AM.
One of the key agendas of the AGM is the endorsement of a 22.1053% dividend for the fiscal year 81/82. The company has proposed distributing a 21% bonus share and a 1.1053% cash dividend, with the cash portion allocated for taxes related to the bonus shares. This decision was approved by the Board of Directors on 24th Kartik, 2082.
Additional agendas include endorsing the auditor's report with profit and loss statements, financial statements, and cash flow reports, as well as appointing an auditor for the fiscal year 2082/83. The company has also planned to issue rights shares in a 1:1 ratio after the bonus shares are allotted, based on the adjusted paid-up capital.
The book closure date begins on Mangsir 05. Shareholders who hold shares before this date are eligible for the dividend and can attend the AGM.