Last day to secure dividend of three companies

Jan 31, 2023 09:51 AM Merolagani



Today is the last day to secure dividend of three companies including Arun Valley Hydropower, Ridi Power Company and Taragaon Regency Hotels.

The companies are closing their books on February 1, thus, the shareholders registered in their books till January 31 will be eligible to attend the AGM and obtain the announced dividend.

Arun Valley Hydropower Development Company is conducting its 25th AGM on February 10 in Maitri Hall, Indreni Complex,  New Baneshwor at 11 am.

The meeting will endorse a proposal of distributing 8 percent stock and 0.421 percent cash dividend to its shareholders. Similarly, the meeting will approve loan for 14.50 MW Buddham Khola Hydropower Project, delegate authority to BOD to amend article and memorandum  of association and appoint an auditor.

Similarly, Ridi Power Company (RIDI) is conducting its 21st AGM on February 12 in Indreni Complex, New Baneshwor, Kathmandu at 11 AM.

The meeting will endorse a proposal of distributing 40 percent stock and 2.10 percent cash dividend to its shareholders.

Likewise, Taragaon Regency Hotels (TRH) is conducting its 26th AGM in the conference hall of Nepal Tourism Board, Bhrikutimandap, Kathmandu on February 15.

The meeting will approve a  proposal of distributing  8.42 percent cash dividend to its shareholders.




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