Radhi Bidyut Company Calls AGM on Poush 29; Proposes 5% Dividend To Its Shareholders

Radhi Bidyut Company Limited (RADHI) proposes a 5% dividend for FY 2079/80 and has called the AGM on Poush 29, 2080.

The meeting of the board of directors held on Poush 07 has proposed a 5% dividend for the fiscal year 2079/80. A 4.75% bonus shares and 0.25% cash dividend have been proposed. The company's existing paid-up capital is Rs. 1.67 Arba.

Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2080/81.

The book closure date is on Poush 15. Thus, investors maintained before that date are entitled to the dividend payout and can also attend the AGM.

RADHI closed at Rs. 239 last Thursday.