Kathmandu. Arun Valley Hydropower Development Company for the fiscal year 2081. The dividend proposed for 82 years has been revised.
The Board of Directors of the company has reduced the total dividend of 8.421 percent from the profit and reserve of the current fiscal year with 8 percent bonus share and 0.421 percent cash dividend for tax purposes. The company has decided to distribute a total dividend of 5.263 percent. This includes 5% bonus share and 0.263 cash dividend.
The company has called its 28th Annual General Meeting (AGM) on January 15 to approve the dividend.
The company has decided to close the book on January 18 for the purpose of dividend and meeting. This means that only the shareholders who have been in the company before January 18 will be eligible to receive the dividend and attend the meeting.
