Mountain Energy Nepal Holds 12th AGM, Approves 21.0526% Dividend
Summary
Mountain Energy Nepal Limited held its 12th AGM in Kathmandu and approved a 21.0526% dividend, including 20% bonus shares and 1.0526% cash dividend for FY 2081/82.
Key Points
- Mountain Energy Nepal Limited held its 12th Annual General Meeting in Kathmandu.
- The AGM approved a total dividend of 21.0526% for FY 2081/82, comprising 20% bonus shares and 1.0526% cash dividend.
- The company operates 42 MW Mistri Khola and 5 MW Tadi Khola hydropower projects and is constructing the 65 MW Dudhkola Hydropower Project.
- An auditor for FY 2082/83 was appointed and amendments to the company's Memorandum and Articles of Association were authorized.
