The board of directors meeting of the company held on September 13 decided to propose 5 percent stock and 0.263 percent cash dividend for tax purposes.
The proposed dividend is subjected to approval from its Electricity Regulatory Commission and its upcoming AGM.
In order to approve the dividend proposal, the company has called out its 29th AGM on October 13 in Hotel Cristal Pashupati, Gaushala, Kathmandu at 10 am.
In this regard, the company is closing its book on September 26, thus, the shareholders registered in its book till September 25 will be eligible to attend the AGM and obtain the announced dividend.