Skip to content
|Loading...
Share Gyan home
EBook

Bhujung Hydropower Appoints New Board at 4th AGM

Bhujung Hydropower Limited has successfully hosted its 4th Annual General Meeting in Kathmandu, approving its annual financial accounts and electing a new leadership board across promoter and public shareholder categories.

Published By Share Gyan
Bhujung Hydropower Appoints New Board at 4th AGM

Bhujung Hydropower Limited successfully concluded its 4th Annual General Meeting (AGM) at the Amrapali Banquet, marking a pivotal moment in the company's fiscal lifecycle. The assembly served as a strategic forum where corporate leadership and equity stakeholders aligned on long-term value creation. Shareholders actively participated in the review and subsequent ratification of the company’s comprehensive annual report and audited financial statements, validating the firm's fiscal discipline and operational resilience. Beyond historical balance sheets, the executive management unveiled an aggressive capital allocation and infrastructure expansion strategy aimed at optimizing energy generation and scaling up retail investor returns. A primary highlight of the session was the reconfiguration of the company’s corporate governance architecture through a formal board election. The newly minted board successfully bridges veteran institutional insight—via promoter representatives Madhav Raj Acharya, Dr. Himal Bhattarai, Rajeshwar Duwal, Tank Prasad Subedi, and Santosh Shrestha—with minority investor advocacy, represented by Jelina Shrestha. Additionally, the strategic induction of Rita Gautam as an independent director injects critical, unbiased market expertise into the executive committee. The event drew to a close with an optimistic outlook on the company's market trajectory, as stakeholders expressed absolute confidence in the newly structured leadership team's capacity to navigate complex energy markets and drive robust asset growth.

Energy and Financial Stocks Lead Global Markets in Q3 2026, While Asian Tech Shares Decline

Global stock markets recorded mixed performances in the third quarter of 2026, with energy and financial companies delivering strong returns. Rising oil prices and expectations of higher interest rates supported these sectors, while technology stocks, particularly in the Asia-Pacific region, faced significant declines.

Mandu Hydropower’s 13.63 Lakh Bonus Shares Listed on NEPSE

Mandu Hydropower Limited (MANDU) has listed 1,363,637 units of bonus shares on the Nepal Stock Exchange (NEPSE), making the shares eligible for trading.

Vision Lumbini Urja Proposes 3.6842% Cash Dividend, Calls 8th AGM

Vision Lumbini Urja Company Limited (VLUCL) has proposed a 3.6842% cash dividend for its shareholders and announced the date of its 8th Annual General Meeting (AGM). The company has also fixed Kartik 16 as the book closure date.

NEPSE Adjusts Share Prices of Manjushree Finance and Barun Hydropower

Nepal Stock Exchange (NEPSE) has adjusted the share prices of Manjushree Finance (MFIL) and Barun Hydropower (BARUN) following their book closures for bonus share distribution.

Last Day to Secure Dividends of Manjushree Finance and Barun Hydropower

Investors must hold shares of Manjushree Finance and Barun Hydropower by today, October 27, to qualify for their respective dividends and participate in the upcoming annual general meetings (AGMs).

Upper Hewakhola Hydropower’s 91.3% Rights Shares Enter SEBON Pipeline

Upper Hewakhola Hydropower Company Limited (UHEWA) has entered the preliminary review pipeline of the Securities Board of Nepal (SEBON) for a proposed 91.3% rights share issuance worth Rs. 52.50 crore. The company plans to issue 5.25 million rights shares to existing shareholders, with Reliable Investment and Merchant Capital Limited appointed as the issue manager.

Companies in This News