The board of directors meeting of the company held on December 18 decided to propose 5 percent cash dividend including tax to its shareholders .
The proposed dividend is subjected to approval from its upcoming AGM.
The company is conducting its AGM on January 12 at 11 am in Karki Banquet, Babarmahal, Kathmandu.
Apart from dividend proposal, the meeting will approve proposal of handing over the PPA document of Lower Manang Marshyandi Hydropower Project to Lower Manang Marshyandi Hydropower Company, PPA of ChinoKhola Jalvidhyut Project to ChinoKhola Hydropower Company, inform about further public offering and appoint an auditor.
In this regard, the company is closing its book on January 2, thus, the shareholders registered in its book till January 1 will be eligible to attend the AGM and obtain the announced dividend.
