Supermai Hydropower Limited has announced a total dividend of 21.11% from its profits for the fiscal year 081/82. The decision was made at a board meeting held on Magh 20, based on the company’s paid-up capital of NPR 53.5 crore.
The dividend comprises a 20% bonus share and a 1.11% cash dividend for tax purposes. Following the bonus share distribution, the board also proposed issuing 100% right shares based on the revised paid-up capital.
The company has stated that the proposed dividend and right shares will be presented for approval at the upcoming annual general meeting after obtaining permission from the Electricity Regulatory Commission.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
