Super Madi Hydropower Limited Proposes 5.2642% Dividend; How Much in Bonus Shares and Cash?

Super Madi Hydropower Limited (SMHL) proposes a 5.2642% dividend for FY 2081/82 and has called the 16th AGM on Poush 04, 2082. The AGM will be held in the Hotel Imperial Kathmandu, located at Battisputali, Kathmandu, starting at 11:00 a.m. that day.

The meeting of the board of directors held on Mangsir 04 has proposed a 5% bonus shares worth Rs. 11.02 Crores and a 0.2642% cash dividend worth Rs. 58,02,632 for the fiscal year 2081/82. The company's existing paid-up capital is Rs. 2.20 Arba.

The company has declared the book closure for dividends and AGM on Mangsir 14. Thus, investors maintained before that date are entitled to the dividend and can also attend the AGM.

As of writing, SMHL has an LTP of Rs. 802.00.