Nasa Securities Calls 19th AGM on Ashwin 30, Proposes 50% Rights Issue
Nasa Securities Company Limited has called its 19th Annual General Meeting on Ashwin 30. The agenda includes approval of annual report, financial statements, auditor appointment, formation of new board, and a 50% rights share issuance.
Nasa Securities Company Limited has called its 19th Annual General Meeting for Ashwin 30. The decision was made at the company's Board of Directors meeting held on Ashwin 6, scheduling the meeting to begin at 9 AM at the company's registered office at Lalcolony Marg, Kathmandu.
Under ordinary resolutions, the meeting will discuss and approve the annual report presented by the Chairman on behalf of the Board. It will also approve the financial statements including the balance sheet as of Ashadh end 2083 and the profit and loss account and cash flow statement for the fiscal year 2082/83 ending on the same date.
Similarly, proposals for appointing an auditor for the fiscal year 2083/84, determining their remuneration, and forming a new Board of Directors will also be discussed and approved at the meeting.
Under special resolutions, approval will be granted for issuing a rights share equivalent to 50% of the current paid-up capital as proposed by the Board. Additionally, a proposal related to obtaining loans for the company's business operations and related authorization under Section 105 (1) (b) of the Companies Act, 2063 will also be passed.