Today is the last day to grab the dividend proposed by Mandu Hydropower Limited (MANDU). The company has also called its 14th and 15th AGM on 18th Bhadra, 2083. The meeting will be held in Nepa Banquet, Naya Bazzar, Kathmandu, starting at 11:00 am that day.

Among other agenda items, the AGM will endorse the dividends for the fiscal years 2081/82 and 2082/83. The proposal was made by the company’s 228th Board of Directors meeting held on Shrawan 27, 2083. Based on the company’s current paid-up capital of Rs. 1.36 Arba, the proposed cash dividend amounts to Rs. 16.36 Crore, including the applicable dividend tax.

The proposed dividend will be distributed subject to approval from the company’s shareholders and the relevant regulatory authorities. The company also reiterated its earlier dividend proposal, based on accumulated profits through fiscal year 2081/82.

As decided by the 225th Board meeting, Mandu Hydropower had proposed a 10% bonus share amounting to Rs. 13.63 Crore, equivalent to 13,63,637 bonus shares, based on the existing paid-up capital of Rs. 1.36 Arba. In addition, the company had proposed a 0.5263% cash dividend, amounting to Rs. 71.77 lakh, for dividend tax purposes.

Furthermore, the agenda includes endorsing the auditor's report with PL statements, financial reports, and cash flow reports, and appointing an auditor for the fiscal year 2083/84. There is an agenda to approve the daily travelling allowance.

The book closure date is Bhadra 05, 2083. Therefore, the shareholders who maintained their shares before that day are entitled to dividend payout and can attend this AGM.