Barun Hydropower (BARUN) calls AGM on Poush 26; When's the book closure for the Dividend?

Barun Hydropower Company Limited (BARUN) has called its 17th AGM on Poush 26, i.e. January 10. The meeting of the board of directors held on Mangsir 28 has decided to conduct the AGM virtually that day. Nonetheless, the meeting will be streamed from Union House, Anamnagar, Kathmandu. The AGM will commence at 10 AM.

Among other proposals, the AGM will endorse the 5.263% dividend for the fiscal year 2076/77. The company has proposed a 5% bonus shares and a 0.263% cash dividend for its shareholders from the profit of FY 2076/77. Furthermore, the AGM will also pick up on the 1:1 right shares issue endorsed by the SGM on Ashad 20.

The book closure is announced on Poush 16. Thus, investors maintained before that day are entitled to the dividend payout and can also attend the AGM.

Announcement