HIDCL Announces Dividend; Calls Out AGM

Dec 15, 2022 10:18 AM Merolagani

Hydroelectricity Investment and Development Company (HIDCL) has announced dividend of the last FY.

The 270th board of directors meeting of the company held on December 15 at 8 AM decided to propose 5 percent bonus and 0.263 percent cash dividend to its shareholders.

The proposed dividend is subjected to approval from the government and its upcoming AGM.

The company is conducting its 11th AGM on January 10.

In this regard, the company will close its book on December 29, thus, the shareholders registered in its book till December 28 will be eligible to attend the AGM and obtain the announced dividend.

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