The companies are closing their books on December 3 for upcoming AGM, thus, the shareholders registered in their books till December 2 will be eligible to attend the AGM and obtain the announced dividend.
Super Madi Hydropower (SMHL) is conducting 16th AGM on December 19 in Hotel Imperial, Battisputali, Kathmandu at 11 am.
The meeting will endorse a proposal of distributing 5 percent stock and 0.2642 percent cash dividend for tax purposes.
Similarly, Mountain Energy Nepal (@MEN is conducting its AGM on December 15.
The meeting will endorse a proposal of issuing 20 percent stock and 1.0526 percent cash dividend for tax purposes to its shareholders.