The company has announced an 8% bonus share and 0.42% cash dividend from last fiscal year’s profit.

Arun Valley Hydropower Development Company Limited has declared a dividend distribution from the profit of the previous fiscal year. The company has proposed an 8 percent bonus share and an additional 0.421 percent cash dividend for tax purposes, based on the paid-up capital as of Ashad end.

The decision was made in the board of directors’ meeting held on Ashwin 1. The dividend proposal will be forwarded to the Electricity Regulatory Commission for approval. Once approved, it will be presented at the upcoming Annual General Meeting (AGM) for final endorsement. After approval at the AGM, the dividend will be distributed to shareholders.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.