Chirkhwa Hydropower Limited has announced that its 7th Annual General Meeting (AGM) will be held on 23rd Poush 2082 (January 7, 2026). The decision was endorsed by the company’s Board of Directors during a meeting held on 23rd Mangsir 2082. The AGM is scheduled to take place at Kundalini Royals, Jorpati, Kathmandu, beginning at 10:00 AM.

The company issued an official notice informing shareholders that the meeting has been convened in accordance with Section 67(2) of the Companies Act, 2063. The AGM will deliberate on key financial, operational, and structural proposals presented by the board.

General Agenda Items

The meeting will review and discuss several standard annual proposals, including:

The Board of Directors’ Annual Report for FY 2081/82
The Auditor’s Report, along with the Balance Sheet, Profit & Loss Statement, and Cash Flow Statement for FY 2081/82
Appointment of the auditor for FY 2082/83 and determination of their remuneration
Approval of decisions taken by the Board during FY 2081/82

These discussions will form the core of the company’s annual performance review.

Special Proposals: Rights Issue in 1:1 Ratio

One of the most significant resolutions to be presented is the proposal to issue rights shares at a 1:1 ratio based on the company’s paid-up capital of NPR 400 million.

Other special agenda items include:

Amendment of the company’s capital structure
Revision of the Memorandum and Articles of Association
Authorization to the Board should regulatory bodies request any changes
Approval to settle outstanding loans
Permission to explore and invest in new hydropower projects
Authorization to the Board to complete all procedures required for issuing rights shares

These special resolutions indicate the company’s intention to strengthen its capital base and expand future investments.

Book Closure on 13th Mangsir 2082

For the purpose of AGM participation, the company will close its share register (Book Close) on 13th Mangsir 2082.
Shareholders who have traded shares up to 12th Mangsir and whose ownership has been duly recorded at the share registrar, RBB Merchant Banking Ltd., Teku, will be eligible to attend the AGM.

Additional Information for Shareholders

The company will dispatch the AGM notice and summarized financial statements to shareholders at their registered addresses. Those who do not receive the documents may visit the company office to review the auditor’s report and financial statements.

Shareholders attending the AGM must bring:

Their share certificate or DEMAT verification
A valid identification document (citizenship card or any photo ID)

The attendance book will remain open from 9:30 AM until the meeting concludes.
Shareholders may appoint a proxy, but only another shareholder of the company, and proxy forms must be registered at the company office at least 48 hours before the AGM.

Shareholders holding joint accounts must be represented by either the first-named holder or a mutually designated representative. Guardians may participate on behalf of minor or legally incapacitated shareholders.

Submission of Agenda Items

If any shareholder wishes to present an additional agenda item under the “Miscellaneous” category, the proposal must be submitted in writing to the Chairperson of the Board at least seven days prior to the AGM.

Contact Information

For further details, shareholders may visit the company website www.chirkhwahydropower.com, email chirkhwa@gmail.com, or contact the company at 01-4524381.