Upper Hewakhola Hydropower Unveils Book Closure For it's 15.789% Dividend; Agenda to Issue Right Shares

Upper Hewakhola Hydropower Company Limited (UHEWA) has called its 14th AGM on 30th Poush, 2082. The meeting will be held in the Anamnagar Union House Party, Anamnagar, kathmandu starting at 11:00 am that day.

Among the other agendas, the AGM will endorse a 15% bonus share and 0.789% cash dividend (for tax purposes) for the fiscal year 2081/82. The company's existing paid-up capital is Rs. 50 Crores. Also, the board of director meeting has proposed for the issuance of rights shares (1:1) for the shareholders. This will be issued from the paid-up capital of Rs. 50 Crores at the upcoming AGM for discussion and approval of the right shares.

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

The book closure date is on Poush 17. Therefore, the shareholders who maintained before that day are entitled to dividend payout, and can attend this AGM.