Sanima Mai Hydropower Limited (SHPC) has announced its 13th Annual General Meeting (AGM) scheduled for 28th Poush, 2081 at Celebration Heights Sukedhara, Kathmandu, starting at 11:00 AM.
Key Dates
- Book Closure Date: Poush 9, 2081 (Today).
- Eligibility: Shareholders who maintain their shares until today (Poush 8) are entitled to the dividend and can attend the AGM.
Dividend Details
The company has proposed a 10.5263% dividend for the fiscal year 2080/81:
- 10% bonus shares worth Rs. 33.98 Crores.
- 0.5263% cash dividend (including tax on bonus shares) worth Rs. 1.78 Crores.
This is based on the company’s paid-up capital of Rs. 3.39 Arba.
AGM Agenda Highlights
- Endorse the proposed dividend for FY 2080/81.
- Review and approve the auditor’s report and financial statements.
- Appointment of an auditor for FY 2081/82.
- Other discussions as per the agenda.
Shareholders are encouraged to claim their dividends and participate in the AGM.
Notice: Sanima Mai Hydropower Limited’s AGM Announcement
About Company:
Sanima Mai Hydropower Limited (SMHL), a public limited company established in 2065, operates the 22 MW Mai Hydropower Project (MHP) and 7 MW Mai Cascade Hydropower Project (MCHP) in Mai Municipality, Ilam. Both run-of-the-river plants utilize the Mai River, with MHP operational since 2015 and MCHP since 2016, generating a combined annual energy of 166.72 GWh. Listed as SHPC on the Nepal Stock Exchange, SMHL is a key player in Nepal’s hydropower sector, investing in renewable energy projects under the Sanima Hydro group.