Supermai Hydropower Limited Proposes 21.11% Dividend; Plans 100% Right Shares Issue
Summary
Supermai Hydropower Limited proposes a 21.11% dividend for FY 2081/82 and plans a 100% rights shares issue following a 20% bonus shares issuance, pending regulatory approval.
Key Points
- Supermai Hydropower Limited proposes a 21.11% dividend for fiscal year 2081/82.
- The dividend includes 20% bonus shares worth Rs. 10.70 Crores and a 1.11% cash dividend worth Rs. 59.27 lakhs.
- The paid-up capital of the company is Rs. 53.50 Crores.
- The company plans to issue rights shares in a 1:1 ratio, subject to Electricity Regulatory Commission approval, to fund other hydropower projects.
