Reminder! Last Day to Grab Dividend Proposed by TRH, RIDI and AHPC
Mon, Jan 30, 2023 4:43 PM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Today is the last day to grab the dividend proposed by Taragaon Regency Hotel Limited (TRH), Ridi Power Company Limited (RIDI), and Arun Valley Hydropower Development Company Limited (AHPC).
Taragaon Regency Hotel Limited (TRH) has called its 26th AGM on 3rd Falgun, 2079. The meeting will be held in Nepal Tourism Board, Bhrikutimandap, starting at 11 AM.
Among the other agendas, the AGM will endorse an 8.42% cash dividend for the fiscal year 2078/79. The meeting of the board of directors held on Poush 26 has decided to distribute 8.42% of the paid-up capital as cash dividends for the fiscal year 2078/79. Since the paid-up capital of the company is Rs. 1,88,66,54,000, the cash dividend is worth Rs. 15,88,76,126.
Similarly, Ridi Power Company Limited (RIDI) has called its 21st AGM on 29th Magh, 2079. The meeting will be held in Indreni Complex, New Baneshwor, Kathmandu, starting at 11 AM.
Among the other agendas, the AGM will endorse a 42.1% dividend for the fiscal year 2078/79. The company's meeting of the board held on 6th Mangsir 2079 proposed a 42.1% dividend from the paid-up capital. The paid-up capital of the company stands at Rs. 1.10 Arba. 40% bonus shares worth Rs. 44,25,43,200 and a 2.10% cash dividend (including tax) worth Rs 2,32,33,518 have been proposed.
Likewise, Arun Valley Hydropower Development Company Limited (AHPC) has called its 25th AGM on 27th Magh, 2079. The meeting will be held in Maitri Hall, Indreni Complex, New Baneshwor, Kathmandu starting at 11 AM.
Among the other agendas, the AGM will endorse an 8.421% dividend worth Rs. 21.11 Crores for the fiscal year 2078/79. The board of directors meeting on Mangsir 16 decided to distribute the dividend on the paid-up capital of Rs. 1.72 Arba. 8% bonus shares and 0.421% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are a little over Rs. 13,83,67,600 and the cash dividend is worth a little over Rs. 72,81,595.
The book closure date for all three companies is on Magh 18. Thus, shareholders maintained before till today are entitled to the dividend payout and can also attend the respective AGMs.
