Don't Forget! Last Day to Grab Dividend Proposed by Sanima Mai Hydropower Limited

Today is the last day to claim the proposed Sanima Mai Hydropower Limited (SHPC) dividend. The company has also called its 13th AGM on 28th Poush, 2081. The meeting will be held in Celebration Heights Sukedhara, Kathmandu, starting at 11 AM that day.

Among the other agendas, the AGM will endorse a 10.5263% dividend for the fiscal year 2080/81. The meeting of the board of directors held on Mangsir 24, 2081 has decided to distribute a 10.5263% dividend for FY 2080/81. 0.5263% cash dividend and 10% bonus shares are proposed from the paid-up capital. The paid-up capital of the company stands at Rs. 3.39 Arba. Thus, bonus shares are worth Rs. 33.98 Crores and cash dividend is worth Rs 1.78 Crores. The cash dividend includes the tax amount for the bonus shares.

Poush 9 is the book closure date. Thus, shareholders who have maintained their shares until today are entitled to the dividend payout and can attend the AGM.

As of writing, SHPC has an LTP of Rs. 518.00.