United Idi Mardi AGM Agenda and Key Highlights for Shareholders
11th January 2026, Kathmandu
United Idi Mardi AGM is being held today as United Idi Mardi and RB Hydropower Limited convenes its 16th Annual General Meeting. The meeting is scheduled for Sunday, Poush 27, 2082 (January 11, 2026), and will take place at Aavya Club in Gharipatan-17, Pokhara, Kaski district, starting from 11:00 AM. This AGM is expected to address several important financial, managerial, and regulatory matters that directly concern the company’s shareholders.
United Idi Mardi AGM
Annual General Meetings play a vital role in corporate governance, offering shareholders an opportunity to review company performance and approve key proposals. The United Idi Mardi AGM carries particular importance as it includes dividend distribution decisions and strategic administrative approvals.
Dividend Distribution Proposal
One of the most significant agenda items of the United Idi Mardi AGM is the proposal related to dividend distribution. As recommended by the Board of Directors, the company will seek shareholder approval to distribute dividends from the accumulated profits of the fiscal year 2081/82.
The proposed dividend includes:
Bonus Shares: 5 percent of the company’s current paid-up capital (totaling approximately 2.30 crore rupees).
Cash Dividend: 0.26 percent (totaling approximately 11.98 lakh rupees), which is allocated specifically for tax purposes on the bonus and cash portion.
If approved, this dividend distribution will directly benefit eligible shareholders and reflects the company’s ability to generate a net profit of approximately 26.26 million rupees during the last fiscal year. This return is a key indicator of the company’s commitment to its investors despite fluctuating hydrology and energy evacuation challenges.
Approval of Financial Statements
Another core agenda of the United Idi Mardi AGM is the discussion and approval of the company’s financial statements. Shareholders will review the annual report for the previous fiscal year, along with the auditor’s report.
The meeting will deliberate on key financial documents, including:
Balance Sheet: Showing the asset and liability position of the 8.5 MW Upper Mardi Khola Hydropower Project.
Profit and Loss Account: Detailing the revenue from energy sales to the Nepal Electricity Authority.
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Cash Flow Statement: Highlighting the liquidity management and debt servicing capabilities.
Approval of these reports ensures transparency and confirms that shareholders are informed about the company’s financial health and operational performance.
Appointment of Auditor for Current Fiscal Year
The United Idi Mardi AGM will also consider the appointment of an auditor for the current fiscal year 2082/83. Along with the appointment, shareholders will decide on the auditor’s remuneration. This agenda item is essential for maintaining financial accountability and compliance with the standards set by the Nepal Chartered Accountants body and the Electricity Regulatory Commission. An independent audit helps ensure that the company’s financial reporting remains accurate, trustworthy, and free from material misstatement.
Board Nomination and Corporate Amendments
Another important agenda includes the nomination to fill vacant positions on the Board of Directors. Strengthening the board structure with experienced professionals is crucial for effective governance and strategic oversight of the Upper Mardi project.
Additionally, the AGM will consider proposals to:
Amend Memorandum of Association: To align with current regulatory frameworks.
Articles of Association Update: To improve operational flexibility.
Grant of Authority: Granting the Board of Directors the power to implement these amendments as directed by the Office of the Company Registrar.
Book Closure and Shareholder Eligibility
For the purpose of the United Idi Mardi AGM and dividend distribution, the company had already closed its share transfer registration on Poush 18, 2082 (January 2, 2026). This means only those investors who were listed as shareholders on the Nepal Stock Exchange (NEPSE) up to Poush 17, 2082, are eligible to attend the AGM and receive the proposed dividends. This book closure mechanism ensures clarity regarding shareholder rights and prevents confusion during the dividend entitlement process.
Importance of the AGM for Investors
The United Idi Mardi AGM provides shareholders with a platform to participate in key decision-making processes. From dividend approval to governance reforms, the outcomes of the meeting can have a direct impact on investor confidence and the company’s future direction. For existing and potential investors, understanding the AGM agenda offers valuable insight into the company’s financial discipline, profitability, and long-term strategy for the Upper Mardi Khola project.
Conclusion
United Idi Mardi AGM marks a significant corporate event for United Idi Mardi and RB Hydropower Limited. With a comprehensive agenda that includes dividend distribution, financial approvals, auditor appointment, board nominations, and statutory amendments, the meeting reflects the company’s commitment to transparency and shareholder engagement. As the 16th Annual General Meeting convenes in Pokhara today, shareholders and market observers will closely watch the outcomes, which are expected to shape the company’s governance and financial roadmap for the coming year.
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