Muhan Hydropower Limited Convenes Annual General Meeting with IPO Proposal
17th August 2026, Kathmandu
Muhan Hydropower Limited has officially called its Annual General Meeting AGM for September 5, 2026 (Bhadra 20, 2083).
Muhan Hydropower IPO Proposal
The meeting is scheduled to take place at 1:00 PM at Barahi Sthan in Bhaktapur, featuring a primary proposal to issue an Initial Public Offering IPO to the general public.
Key Proposals and Board Authorizations
The Annual General Meeting will table a formal proposal to issue IPO shares to the general public.
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The assembly will seek to authorize the Board of Directors to execute all necessary procedural requirements related to the IPO issuance process.
Additionally, the meeting will seek authorization for the Board to explore, negotiate, and proceed with a potential merger or acquisition with another hydropower company or institution if deemed necessary.
Financial Reports and Auditor Appointment
During the proceedings, the AGM will table several routine corporate governance items for shareholder review and approval:
- Review and approval of the company annual report for the previous fiscal year
- Approval of audited financial statements and audit reports
- Appointment of an independent auditor for the current fiscal year and determination of the auditor remuneration
- Official appointment and authorization of the company secretary
For More: Muhan Hydropower IPO Proposal
