Dordi Khola Hydropower Calls SGM to Approve 1:0.288 Rights Share Issuance; Book Closure on Jestha 25
Dordi Khola Hydropower Company Limited (DORDI) has convened a Special General Meeting (SGM) for Ashad 1, 2083, to secure shareholder approval for floating 6,082,550 units of rights shares alongside necessary capital restructurings.
Dordi Khola Hydropower Company Limited (DORDI) has officially announced its Special General Meeting (SGM), scheduled for Ashad 1, 2083, at the Himshikhar Party Venue in Chapagaun, Lalitpur, beginning at 09:00 AM. The primary agenda of the meeting focuses on seeking shareholder authorization to issue 6,082,550 units of rights shares to its existing investors at an eligible ratio of 1:0.28847474. To facilitate this equity expansion, the company will table resolutions to amend its Memorandum of Association (MOA) and Articles of Association (AOA), including statutory updates to its authorized capital structure. Furthermore, the board will seek full authority to navigate regulatory procedures and implement any mandatory modifications dictated by governing bodies. Investors must note that the company has fixed Jestha 25, 2083, as the book closure date; hence, only shareholders registered before this date will be eligible to attend the assembly and participate in the voting process.