Mid Solu Hydropower Company Limited (MSHL) has announced a dividend proposal for its shareholders for the fiscal year 2081/82. The decision was made during the meeting of the board of directors held on Bhadra 12.
Dividend Breakdown
The company has recommended distributing a total dividend of 15.789%, which includes both bonus shares and cash dividends. Out of this, 15% will be provided as bonus shares worth Rs. 11.22 Crores, while 0.789% will be distributed as cash dividend amounting to Rs. 59.08 lakhs. The cash dividend also covers the tax amount on the proposed bonus shares.
Key Financial Figures
| Particulars | Amount / Percentage |
|---|---|
| Fiscal Year | 2081/82 |
| Proposed Total Dividend | 15.789% |
| Bonus Shares | 15% (Rs. 11.22 Crores) |
| Cash Dividend (including tax) | 0.789% (Rs. 59.08 Lakhs) |
| Paid-up Capital | Rs. 74.84 Crores |
| AGM Status | To be approved in the 4th AGM |
| Regulatory Approval | Subject to the Electricity Regulatory Commission |
Next Steps
The proposed dividend will only be distributed after it receives approval from the Electricity Regulatory Commission and is endorsed by the company’s upcoming 4th Annual General Meeting (AGM).
