Shares Listed: 17,20,561.50 Units Bonus Shares of Api Power Company (API)

17,20,561.50 units bonus shares of Api Power Company Limited (API) have been listed in NEPSE.

The latest AGM of the company had endorsed 5% bonus shares as a dividend for the fiscal year 2075/76 and another 9% bonus shares as a dividend for the fiscal year 2076/77. 0.26% and 0.47% cash dividends were provided for the respective fiscal years for tax purposes.

Since the book closure of the 5% dividend was already declared in 2076, Chaitra 01, only the investors maintained before that date got the 5% bonus shares. Meanwhile, the book closure for the 9% bonus shares was on Mangsir 01, 2077. It should be noted that the 9% dividend was distributed on the increased paid-up capital after incorporating the previous 5% bonus shares.

While writing this, API has an LTP of Rs. 280.