Nepal Hydro Calls Out AGM; Set to Approve Dividend Proposal

Dec 18, 2022 09:48 AM Merolagani

Nepal Hydro Developer (NHDL) has called out 16th annual general meeting (AGM) on January 13 in Lisara Reception, Naxal, Kathmandu at 11 AM.

The meeting will endorse a proposal of distributing 5 percent stock and cash dividend of 0.26 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process and appoint an auditor.

In this regard, the company will close its book on December 26, thus, the shareholders registered in its book till December 25 will be eligible to attend the AGM and obtain the announced dividend. 

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