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Bhagwati Hydropower to pay 20% dividend, when will the book close?

nabil bank

. Bhagawati Hydropower Development Company has announced a 20 percent dividend to its shareholders.

The board of directors of the company held on September 26 has announced a dividend of 20 percent to its shareholders from the profit of the last fiscal year.TAG_OPEN_div_11 This includes 14 percent bonus and 5 percent cash dividend including tax.

The company, which has declared dividend, has called a meeting for October 2.TAG_OPEN_div_9 The book will close on October 21 for the purpose of the meeting. The shareholders who are in power till October 20 will receive the dividend fixed by the company. The meeting will begin at 11:00 am at Avya Club, Gharipatan, Pokhara.

The meeting has proposed to increase the capital, amend the Memorandum of Association of the company, change the number and formation of the Board of Directors and appoint an auditor.TAG_OPEN_div_7

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