Ghorahi Cement Industry Limited (GCIL) has scheduled its 5th Annual General Meeting (AGM) for the 14th of Poush, 2082. The gathering is set to take place at Hotel Pauwa, Ghorahi-15, Dang, commencing at 9 AM on that date.
The following topics will be addressed during the AGM:
1) Approval of financial statements for the fiscal years 2081/82.
2) Ratification of the auditor’s report, including profit and loss statements, financial statements, and cash flow statements.
3) Confirmation of the auditor’s appointment for the fiscal years 2082/83.
4) Election of a director from the promoter shareholding group.
Additionally, there is a proposal to distribute bonus shares at a rate of 10 percent and a cash dividend of 0.5263%. The dividend shall be distributed only after receiving approval from the company’s AGM. The company has suggested issuing right shares at a ratio of 1:0.75, representing 75% of its current paid-up capital post-distribution of bonus shares.
Mangsir 26 is designated as the book closure date. Therefore, shareholders registered before this date are qualified to attend this AGM.
