Mountain Energy Nepal Proposes 21.05263% Dividend for FY 2082/83; How much in Bonus shares and Cash?

Summary

Mountain Energy Nepal Limited has proposed a 21.05263% dividend for fiscal year 2082/83, including 20% bonus shares and 1.05263% cash for tax purposes. The payout will be made after approval from the Electricity Regulatory Commission and endorsement at the company’s 13th AGM.

Key Points
  • Mountain Energy Nepal Limited has proposed a 21.05263% dividend for fiscal year 2082/83.
  • The proposal includes 20% bonus shares and 1.05263% cash dividend for tax purposes.
  • The dividend requires approval from the Electricity Regulatory Commission and endorsement at the company’s 13th AGM.
  • Kartik 10 is the book closure date, and the company’s shares closed at Rs. 647.00 yesterday.
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