Ngadi Group Power Limited Proposes 5% Dividend for FY 2081/82; When is the Book Closure Date?

Ngadi Group Power Limited (NGPL) has proposed a 5% dividend for the fiscal year 2081/82, and has called the 12th AGM on 25th Mangsir, 2082. The AGM will be held in the Smart Durbar, Kathmandu, starting at 9:30 AM that day.

The meeting of the board of directors held on Mangsir 02 has decided to distribute the dividend on the paid-up capital of Rs. 3.70 Arba. 4.75% bonus shares and 0.25% cash dividend (for tax purposes) have been proposed.

Furthermore, there is an agenda to endorse the auditor's report along with the profit and loss statements, financial reports, and cash flow reports, and to appoint an auditor for the fiscal year 2082/83.

Also, the book closure date for the said dividend is Mangsir 14. The dividend will be distributed only after approval by the Electricity Regulatory Commission and endorsement by the company's upcoming 12th AGM.

Dividend History: