15% Bonus Shares of Kalika Power Company Listed in NEPSE

10,35,000 unit bonus shares of Kalika Power Company Limited (KPCL) have been listed in NEPSE.

The company convened its AGM on 28th Poush and endorsed a 15.7895% dividend for FY 2078/79. The meeting of the board of directors held on Poush 06 decided to distribute 15% bonus shares and 0.7895% cash dividend from the paid-up capital. The paid-up capital of the company is Rs. 69 Crores. Thus, the bonus shares were worth slightly over Rs. 10.35 Crores, and the cash dividend was worth Rs 54.47 Lakhs. The same bonus shares are now listed in NEPSE.

As of writing, KPCL has an LTP of Rs. 390