Nepal Hydro Developer Limited (NHDL) Calls AGM to Endorse 7.3684% Dividend, When's the Book Closure?

Nepal Hydro Developer Limited (NHDL) called its 15th AGM on Poush 28. The meeting will be held in the company's registered office in Dillibazar, Kathmandu, starting at 3 pm that day.

Among other agendas, the meeting will endorse a 7.3684% dividend for the fiscal year 2077/78. The 69th meeting of the board of directors held on Poush 01 decided to distribute the dividend on the paid-up capital of Rs. 29.9 crores. 7% bonus shares worth slightly over Rs 2.09 crores and 0.3684% cash dividend (including tax) worth Rs 11.01 lakhs have been proposed.

For the dividend and the AGM, Poush 13 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend the AGM. 

As of writing, NHDL has an LTP of Rs. 400. 

AGM notice