Sahas Urja Limited Proposes To Issue 100% Right Shares After Bonus Shares Adjustment
Wed, Sep 18, 2024 11:03 AM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Sahas Urja Limited (SAHAS) proposes an 8.421% dividend and has called the AGM on 4th Kartik, 2081. The AGM will be held in the Karki Banquet located at Babarmahal, Kathmandu, starting at 11 AM that day.
The company has proposed an 8% bonus shares worth Rs. 28 Crores and 0.421% cash dividend (including tax) worth Rs. 1.47 Crores for the fiscal year 2080/81. The company's existing paid-up capital is Rs. 3.50 Arba.
Similarly, The company has resolved to issue 100% right shares worth Rs. 3.78 Arba after adjusting for the allocation of 8% bonus shares from the existing paid-up capital of Rs. 3.50 Arba. This adjustment will result in an enhanced paid-up capital, reaching Rs. 7.56 Arba after incorporating the bonus shares.
Furthermore, an agenda is to endorse the auditor's report with PL statements, financial reports, and cash flow reports for FY 2080/81, appoint an auditor for the fiscal year 2081/82, and appoint an independent director. There is an agenda to elect 4 directors from the promoter shareholding group and two directors from the public shareholding group.
The book closure for the proposed dividend and AGM is on 13 Ashwin, 2081. Therefore, the shareholders maintained till 10th Ashwin are entitled to dividend payout and can attend the AGM.
