IME Life New

Courage Energy Announces Attractive Dividend, Issues 100% Right Shares

SPIL
Global College
Nepal Life New

Kathmandu. Fiscal Year 2081 by Courage Energy. The company has declared an attractive dividend for 82 years.

The Board of Directors of the company has decided to distribute 22.11 percent dividend to its shareholders. This includes 21 percent bonus shares and 1.11 percent cash dividend for tax purposes.

Crest

The AGM of the company held on October 19 last year had endorsed a proposal to issue 100% right shares in the ratio of 1:1.

The company has decided to issue 100 percent right shares i.e. Rs 4.57 billion of the paid-up capital of the last fiscal year.

The proposed dividend will be distributed to the shareholders after the upcoming Annual General Meeting (AGM) approves the dividend.

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