Chilime Hydropower urges investors to collect uncollected cash dividend: failure to do so, will transfer cash dividend into Investor Protection Fund

Mon, Jul 8, 2019 11:34 AM on Dividend, Bonus & Rights, Latest,
Chilime Hy...

Chilime Hydropower Company Limited (CHCL) urges its shareholders to collect the cash dividend which is due since before fiscal year 2069/70.

Shareholders are requested to collect the cash dividend from, Sidhhartha Capital Limited, the share register company of CHCL within 30 days of this notice. And those shareholders who didn’t collect cash dividend before fiscal year 2067/68 are requested to collect cash dividend from CHCL registered office, Dhumbarahi. Whereas cash dividend of after 2069/70 can be collected from Sidhhartha Capital Limited.

Failure to collect old dividend which are already reached 5 years will no longer remain due. Because, such cash dividend will transferred into “Investors Protection Fund” maintained at company register office.

In addition, cash dividend of fiscal year 2073/74 and 2074/75 will be deposited directly into bank account mentioned in DEMAT account. So every shareholder are requested to dematerialize their shares.

Nepal Electricity Authority holds 51% of CHCL shares.