2,09,300 unit bonus shares of Nepal Hydro Developers Limited (NHDL) have been listed in NEPSE.
The 15th AGM of the company held on Poush 28 endorsed a 7.3684% dividend for the fiscal year 2077/78. The 69th meeting of the board of directors held on Poush 01 decided to distribute the dividend on the paid-up capital of Rs. 29.9 crores. 7% bonus shares worth slightly over Rs 2.09 crores and 0.3684% cash dividend (including tax) worth Rs 11.01 lakhs have been proposed.
The same bonus shares are now listed. Poush 13 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout. As of writing, NHDL has an LTP of Rs. 482.50.
Similarly, 13,73,486.50 unit bonus shares of…
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