Kathmandu, 17th Poush, 2081 – Rawa Energy Development Limited successfully conducted its 5th Annual General Meeting (AGM) on 16th Poush, 2081, at Mansarobar Party Palace, Purano Baneshwor, Kathmandu. The event, held at 1:00 PM, brought together shareholders, directors, and company representatives to discuss and decide on significant matters concerning the company's operations and governance.
During the AGM, the following key agendas were discussed and resolutions passed:
Financial Performance of FY 2080/81
The financial highlights of the fiscal year 2080/81 were presented, reflecting the company’s performance, achievements, and challenges. Shareholders expressed satisfaction with the overall progress.
Appointment of Auditor
An auditor was appointed for the upcoming fiscal year to ensure financial transparency and compliance with regulatory requirements.
Election of Directors
New directors were elected to represent both promoter and ordinary shareholders, aiming to strengthen the company’s governance structure.
Recommendation for Independent Director
A recommendation for the appointment of an independent director was made, reflecting the company’s commitment to unbiased decision-making and corporate governance.
Establishment of Board of Directors
The board of directors was formally established, integrating newly elected members to lead the company towards achieving its strategic goals.
The AGM marked a pivotal moment for Rawa Energy Development Limited as it emphasized its dedication to fostering growth, ensuring good governance, and building a sustainable future for its stakeholders.
About Rawa Energy Development Limited:
Rawa Energy is a leading company in the energy sector, focused on sustainable development and efficient resource management.