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Chilime Hydropower Company Proposes 15% Dividend and Announces AGM for Fiscal Year 2079/80

Chilime Hydropower Company Limited (CHCL) has recommended a dividend of 15% and scheduled its 27th Annual General Meeting (AGM) for Poush 20, 2080.

During the 423rd meeting of the board of directors on Mangsir 22, the proposal included a 15% dividend for the fiscal year 2079/80. The proposed distribution comprises 10% bonus shares amounting to Rs. 72.58 Crores and a 5% cash dividend of Rs. 36.29 Crores. The company’s current paid-up capital stands at Rs. 7.25 Arba.

To facilitate dividend distribution and the AGM, the company has set the book closure date for Poush 08. Shareholders holding positions on or before this date will be eligible for the dividend payout and can participate in the AGM.

As of the latest update, the Last Traded Price (LTP) of CHCL shares is Rs. 479.

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