Butwal Power Company Limited (BPCL) has announced 28% dividend for FY 2075/76; book closure on Poush 9

The BOD meeting of the Butwal Power Company Limited held on 22nd Mangsir, proposed 10% bonus shares and 18% cash dividend for the shareholders. However, this decision is subject to approval form the upcoming AGM of the company. The company’s 27th AGM will be held on 24th Poush, 2076, from 11:00 AM at Karki Banquet, Babarmahal. The books of the company will remain closed from 9th Poush to 24th Poush, 2076, i.e. shareholder holding shares of BPCL till 8th Poush will be eligible to attend the AGM of the company and entitled for dividend.

After the adjustment of 10% bonus shares, the paid up capital of the company will reach Rs.2.68 Arba. Last year also BPCL has distributed 28% dividend including 10% bonus shares.

The LTP as of 9th December, 2019 stands at Rs 343 per share.