Sikles Hydropower Limited has proposed to distribute 12.706 percent bonus shares and 0.669 percent cash dividend to their shareholders from the profit of the fiscal year 2082/83.
Dividend Announcement Details
The board of directors meeting held on Ashoj 19, 2083 decided to distribute dividend to the shareholders. The company planned to give 12.706 percent bonus shares from the accumulated profit. The total value of these bonus shares is 12 crore 42 lakh 1 thousand 277 rupees.
Cash Dividend and Further Process
Along with bonus shares, the company also decided to distribute 0.669 percent cash dividend, which equals 65 lakh 36 thousand 909 rupees 32 paisa. This cash amount is for the tax purpose. The company announced to seeking approval from the Electricity Regulatory Commission to finalize the distribution of these proposed bonus shares and cash dividend.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
