44.25 Lakh Bonus Shares of Ridi Power Company (RIDI) Listed in NEPSE

Fri, Mar 31, 2023 11:46 AM on Latest, Dividend, Bonus & Rights, Share Listed,

44,25,432 units of bonus shares of Ridi Power Company Limited (RIDI) have been listed in NEPSE.

The company convened its 21st AGM on 29th Magh, 2079. The AGM endorsed a 42.1% dividend for the fiscal year 2078/79. The company's meeting of the board held on 6th Mangsir 2079 proposed a 42.1% dividend from the paid-up capital of Rs. 1.10 Arba. 40% bonus shares worth Rs. 44,25,43,200 and a 2.10% cash dividend (including tax) worth Rs 2,32,33,518 were proposed. The same bonus shares are now listed in NEPSE.

RIDI closed at Rs. 340 yesterday.