Supermai Hydropower Distributed 7% Bonus Shares Directly To Shareholders' DEMAT Account

Supermai Hydropower Limited (SMH) has distributed a 7% bonus share directly to the DEMAT accounts of its shareholders and has urged them to dematerialize their shares.

The company convened its 10th AGM on 28th Mangsir, 2081, and endorsed a 12.63% dividend for the fiscal year 2080/81. The 108th board of directors meeting held on Bhadra 17 proposed a 12.63% dividend for the fiscal year 2080/81. The company's paid-up capital stands at Rs. 50 Crores. 7% bonus shares worth Rs. 3.50 Crores and 5.63% cash dividend (including tax) worth Rs. 2.81 crores were proposed. The same bonus shares are now deposited in Demat accounts.

Also, the company has urged the shareholders to dematerialize their shares, if they haven't updated their bank information in the Demat account are requested to do so to receive the bonus share.

Note that the bonus shares of the company are already listed in NEPSE.

As of writing, SMB has an LTP of Rs. 935.67.

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