80% rights offered, dividend announcement of Rs. Rs. hydroelectric

A dividend has been issued by the hydroelectric project from the total profit of the most recent fiscal year, 2080/081.

The board of directors resolved to disburse 15.789% of the dividend, which includes 0.789% cash dividend for tax reasons and 15% bonus shares, at its meeting on October 12. Following approval from the Electricity Regulatory Commission and the company's upcoming general meeting, the dividend will be distributed to the shareholders. 

Furthermore, in accordance with the ratio of 1:0.80, the firm has also suggested to issue 80% of the paid-up capital, or 80% of the paid-up capital that will remain after bonus distribution. The corporation is preparing to issue rights in order to acquire capital, having opted to invest 51 percent of its shares in Sumnima Hydro Power corporation. Through Sumnima Hydro Power corporation, the corporation has chosen to build two hydroelectric projects.

The 4.9 MW Upper Pikhuwa Khola Hydropower Project and the 4.1 MW Pikhuwa Pashupati Hydropower Project, both supported by Sumnima Hydro Power, will be built by the business.

A general meeting of the firm has been scheduled for October 11th. For the purpose of the general meeting, the firm has chosen to close the books on October 30th.