Reminder; Last day to secure10% stock dividend of Arun Valley Hydropower; 31.57 lakh unit FPO shares in the offing

Today is the last day to get hold of 10 percent stock dividend of Arun Valley Hydropower Development Company Limited (AHPC) for the fiscal year 2072/73. Only those shareholders owning shares till today (Shrawan 30, 2073) is entitled to the bonus share of the company. The register of their shareholders will remain closed from Shrawan 31, 2073 till Bhadra 17, 2073 for the purpose of its AGM. Arun Valley Hydropower will be conducting its 19^thAnnual General Meeting (AGM) on Bhadra 17, 2073. The company will be also endorsing 3, 157,883 unit Further Public Offering (FPO) shares to general public after bonus share is issued. FPO will be issued to raise capital for the company’s ongoing projects construction. AHPC had earned net profit of Rs 5.93 crore in the fourth quarter of the last fiscal year 2072/73 as per unaudited report. Arun Valley Hydropower Development Company Limited (AHPC) is a 3 MW hydropower project. The projects under AHPC are Piluwakhola Hydropower Project (3MW), Ridikhola Hydropower (2.4 MW), Kabeli-B1 Hydropower (25MW) and Arun Kabeli Hydropower Project (25 MW).