Mandu Hydropower Proposes 12% Cash Dividend for FY 2082/83
Summary
Mandu Hydropower Limited has proposed a 12% cash dividend for fiscal year 2082/83, subject to approval from shareholders and regulators. The company also reiterated an earlier proposal for a 10% bonus share and a small cash dividend from accumulated profits up to FY 2081/82.
Key Points
- Mandu Hydropower Limited has proposed a 12% cash dividend from accumulated profits for fiscal year 2082/83.
- The proposed payout is worth Rs. 16.36 crore based on the company’s paid-up capital of Rs. 1.36 arba.
- An earlier proposal includes a 10% bonus share and a 0.5263% cash dividend for FY 2081/82.
- The earlier bonus share and cash dividend proposal awaits approval from the Electricity Regulatory Commission.