Arun Valley Hydropower Calls AGM; Proposes 5.263% Dividend To Its Shareholders
Summary
Arun Valley Hydropower Development Company Limited has called its 29th annual general meeting in Kathmandu on 27 Ashwin 2083 and proposed a 5% bonus share plus 0.263% cash dividend to shareholders. The meeting will also review financial reports, appoint an auditor for 2083/84, and amend the company’s charter after the capital increase.
Key Points
- Arun Valley Hydropower Development Company Limited has scheduled its 29th AGM for 27 Ashwin 2083 at Hotel Crystal Pashupati in Gaushala, Kathmandu.
- The company has proposed 5% bonus shares and 0.263% cash dividend, including tax, from its paid-up capital of Rs. 3.84 billion.
- The AGM will endorse financial reports, auditor’s reports, cash flow statements, and appoint an auditor for fiscal year 2083/84.
- Ashwin 13 is the book closure date, and shareholders recorded before that date will be eligible to attend the meeting.
