Ridi Hydropower to endorse 5.26% dividend in upcoming AGM: Agenda to discuss increasing authorized capital

Ridi Hydropower Development Company Limited (RHPC) has announced its 19th AGM on 26th Mangsir, 2077.

The AGM will be hosted online from the company's corporate office in Thapathali. The AGM will commence at 11 am that day and investors can participate via Zoom.

Among other proposals, the company will endorse a 5% of paid-up capital as bonus shares and 0.26% as cash dividend for the fiscal year 2076/77. Furthermore, the AGM will also discuss increasing the authorized capital from the current Rs. 1.1 Arba to Rs. 1.15 Arba.

Announcement