Makar Jitumaya Suri Hydropower Proposes 13% Bonus Share and 0.68% Cash Dividend
Summary
Makar Jitumaya Suri Hydropower Limited has proposed a 13% bonus share and a 0.6842% cash dividend to shareholders from profits accumulated up to fiscal year 2082/83. The bonus issue is worth Rs 9.88 crore, while the cash dividend of Rs 52 lakh will cover the tax liability on the bonus shares.
Key Points
- Makar Jitumaya Suri Hydropower Limited has announced a dividend proposal from profits accumulated up to fiscal year 2082/83.
- The board approved a 13% bonus share issue based on its Rs 76 crore paid-up capital, valued at Rs 9.88 crore.
- The company also proposed a 0.6842% cash dividend worth Rs 52 lakh to cover the tax on the bonus shares.
