The board of directors meeting of the company held on November 20 decided to propose 5 percent stock and 0.2642 percent cash dividend for tax purposes.
The proposed dividend is subjected to approval from Electricity Regulatory Commission and its upcoming AGM.
Moreover, the meeting decided to conduct its 16th AGM on December 19 in Hotel Imperial, Battisputali, Kathmandu at 11 am.
In this regard, the company is closing its book on December 3, thus, the shareholders registered in its book till December 2 will be eligible to attend the AGM and obtain the announed dividend.