Bhagawati Hydropower Development Company Proposes 14.7368% Dividend; How Much in Bonus Shares and Cash?

Bhagawati Hydropower Development Company Limited (BGWT) proposes a 14.7368% dividend and has called the 24th AGM on 16th Ashwin, 2081. The AGM will be held in the Arpan Banquet located at Naya Baneshwor, Kathmandu, starting at 11 AM that day.

The 54th meeting of the board of directors held on Bhadra 22 has proposed a 10.7368% cash dividend worth Rs. 6.24 Crores and 4% bonus shares worth Rs. 2.28 Crores for the fiscal year 2080/81. The company's existing paid-up capital is Rs. 57.20 Crores.

Ashwin 02 is the book closure for 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. 969.00.