United Modi Hydropower Unveils Book Closure Date for its 7.368% Dividend; Calls AGM on Chaitra 23
Fri, Mar 10, 2023 10:53 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
United Modi Hydropower Limited (UMHL) has called its 9th AGM on 23rd Chaitra, 2079. The meeting will be held in Heritage Plaza, Kamaladi, Kathmandu, starting at 11 AM that day.
Among the other agendas, the AGM will endorse a 7.368% dividend for the fiscal year 2078/79. The meeting of the board of directors held on Poush 29 decided to distribute 7% bonus shares and a 0.368% cash dividend for the fiscal year 2078/79. Since the paid-up capital of the company is Rs. 1.15 Arba, the bonus shares are worth Rs. 8,05,00,000 and the cash dividend is worth Rs. 42,32,000.
The book closure date is on Chaitra 09. Therefore, the shareholders maintained before that day are entitled to dividend payout and can attend this AGM.
