Chilime Hydropower (CHCL) calls AGM on 12th Poush to endorse 20% dividend for 2076/77

Chilime Hydropower Company Limited has announced its 24th AGM on 12th Poush, 2077.

The 379th meeting of the board of directors held on Mangsir 16 has declared the 24th AGM to be held virtually via Google Meet. The meeting will commence at 11 am.

Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The meeting of the board of directors has also proposed a 20% dividend for the fiscal year 2076/77. 10% will be distributed as bonus shares and 10% in cash dividends. The company's existing paid-up capital is Rs. 5,70,97,62,938.88. For the fiscal year before this (i.e. 2075/76), the company distributed 20% bonus shares and 5% cash dividend.

The company has declared the book closure for dividend and AGM on Mangsir 29. Thus, investors maintained before that date are entitled to the dividend and can also attend the AGM.