Kathmandu. Fiscal Year 2081 of Super Madi Hydropower. Today is the last day to secure the proposed dividend for 82 years.

The company is closing its book from December 1 to December 20 for dividend and AGM. This means that shareholders who have remained in power as of December 1 will be eligible to receive dividends and attend the meeting.

The company has also decided to hold its 16th annual general meeting on December 19. The meeting will begin at 11:00 am at Hotel Imperial, Battisputali, Kathmandu.

The AGM will also endorse a proposal of distributing 5.26 percent dividend of Rs 2.20 billion from the accumulated profit of the current fiscal year. Out of this, the company has a bonus share of Rs 110.25 million and a cash dividend of Rs 5.802,632 per cent for tax purposes.

The meeting will also endorse the proposal of bringing 50 percent right shares of the paid-up capital to be maintained after the bonus share distribution. Presently, the company has paid-up capital of Rs 2.20 billion. After issuance of bonus shares, the paid-up capital of the company will stand at Rs 2.31 billion.