Butwal Power Company to distribute 20% cash dividend from today; Cash dividend being distributed after 50 days of AGM

Butwal Power Company Limited (BPCL) is distributing 20% cash dividend (for FY 2073/74) to its shareholders from today. As per the notice published by the company, the dividend will be directly deposited to the bank accounts of its shareholders. For those shareholders that have yet to dematerialize their shares, the company has urged them to demat their shares and update bank accounts with the demat accounts. It will not be issuing a physical cash dividend warrant.

Butwal Power Company Limited (BPCL) had convened its 25^th AGM on Jestha 8, 2075. In the AGM, the company had endorsed the earlier decision to provide 20% cash dividend to its shareholders.

BPCL has posted net profit of Rs 65.77 crore until the end of third quarter of FY 2074/75.