Arun Kabeli Power Limited to endorse 6% dividend for FY 2076/77 via upcoming AGM

Arun Kabeli Power Limited (AKPL) has announced its 10th AGM on Mangsir 22, i.e. December 07. The AGM will commence at 11 am that day. Because of the Covid-19 pandemic, the AGM will be hosted online and investors will have to participate via Zoom.

Among other proposals, the AGM will endorse the dividend from the profit of the fiscal year 2076/77. The company has proposed a 5.71% bonus shares and 0.29% cash (for tax purposes) as a dividend for the fiscal year 2076/77. Also, another agenda of significance is that the company will discuss new project development and investment.

The book closure date is declared on Mangsir 12. Books will be closed from Mangsir 12 to Mangsir 21. Thus, investors maintained before Mangsir 12 are entitled to the 6% dividend and can also attend the AGM.