KPCL Board Meeting Notice

The Company has informed that the Board of Directors has decided the following: (i) subject to compliance with prescribed procedure under the Companies Act, 1994 amalgamation of the subsidiary companies of the Company namely Khulna Power Company Unit II Ltd. and Khanjahan Ali Power Company Ltd. (the "Transferor Companies"), with the Company, has been approved. This amalgamation of the Transferor Companies with the Company will boost the Company to grow its business and better utilize its assets and thereby maximizing profits and (ii) To approve the above matters by the Hon'ble High Court Division, an application will be filed in due course under section 228 and 229 of the Companies Act, 1994 and an EGM of shareholders will be held under the supervision of the Hon'ble Court.