Bhagawati Hydropower Development Company Proposes 10.53% Cash Dividend for FY 2079/80; Calls AGM on Poush 24

Bhagawati Hydropower Development Company Limited (BGWT) proposes a 10.5263% cash dividend and has called the 23rd AGM on 24th Poush, 2080. The AGM will be held in the Arpan Banquet located at Naya Baneshwor, Kathmandu, starting at 10 AM that day.

The meeting of the board of directors held on Mangsir 24 has proposed a 10.5263% cash dividend worth Rs. 6.02 Crores for the fiscal year 2079/80. The company's existing paid-up capital is Rs. 57.21 Crores.

Poush 05 is the book closure for cash dividend and AGM. Thus, investors maintained before that date are entitled to the dividend and can also attend the AGM.

As of writing, the company's LTP is Rs. 441.