15% Bonus Shares of Nepal Hydro Developers Limited (NHDL) Now Listed in NEPSE

Tue, Jul 27, 2021 11:32 AM on Latest, Dividend, Bonus & Rights, Share Listed,

3,90,000 bonus shares of Nepal Hydro Developers Limited (NHDL) are now listed in NEPSE.

The company endorsed a 15.07895% dividend for the fiscal year 2076/77 in its AGM held on 17th Chaitra, 2077. The 60th meeting of the board of directors held on Falgun 20 had decided to distribute 15% bonus shares and 0.7895% cash dividend for the fiscal year. Since the paid-up capital of the company during dividend distribution was Rs. 26,00,00,000, the bonus shares are worth Rs. 3,90,00,000 and the cash dividend is worth Rs. 20,52,632.

The same bonus shares are now listed in NEPSE. As of writing, NHDL has an LTP of Rs. 561.