Butwal Power Company (BPCL) Calls AGM on Poush 30; Endorses 12.5% Dividend for Fiscal Year 2078/79

Butwal Power Company Limited (BPCL) has called its 30th AGM on Poush 30, i.e. January 14. The meeting will be organized in Karki Banquet, Kathmandu, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend of 12.5 percent for the fiscal year 2078/79.

The meeting of the board of directors held on Poush 7 has decided to distribute a 5% of the paid-up capital as bonus shares for the fiscal year 2078/79. The company is issuing bonus shares to the shareholders in order to increase the current paid-up capital from Rs. 3.24 Arba to Rs. 3.40 Arba.

On the other hand, the company has also proposed a 7.5% cash dividend (including tax) for the Fiscal Year 2078/79.

The book closure date is announced from Poush 18 to Poush 30. Thus, investors maintained till that day are entitled to the dividend payout and can also attend the AGM.

AGM notice