Snow Rivers Limited Announces 10.5263 Dividend and Fifth Annual General Meeting
15th September 2026, Kathmandu
Snow Rivers Limited has officially announced a 10.5263 percent total dividend alongside calling its fifth Annual General Meeting to seek shareholder approval for the proposed payout and key corporate decisions.
Snow Rivers Dividend Announced
The announcement brings significant clarity for investors and market participants who follow the growth, regulatory progress, and governance of the company within the energy sector.
Dividend Structure and Breakdown
The Board of Directors of Snow Rivers Limited decided during its meeting held on Bhadra 29, 2083, to recommend a total dividend distribution of 10.5263 percent. This payout is calculated on the basis of the company current paid up capital of NPR 9.375 million. The proposed return is split into two parts: a substantial 10 percent bonus share dividend and a 0.5263 percent cash dividend. The small cash component is included specifically to cover the tax obligations resulting from the dividend distribution.
According to the official proposal, the bonus share allocation comes directly from the profits earned during the fiscal year 2082/83. By issuing bonus shares, the company effectively increases the overall number of shares held by eligible investors while capitalization occurs within the business framework. The dividend proposal originated earlier during the Board of Directors meeting on Bhadra 4, 2083, where the board first formulated the payout plan before sending it onward for regulatory review.
Electricity Regulatory Commission Pre Approval
Because Snow Rivers Limited operates in the hydropower industry, major corporate actions such as bonus share issues require regulatory oversight. The company formally submitted an application to the Electricity Regulatory Commission on Bhadra 15, seeking approval for the proposed bonus share distribution.
The Electricity Regulatory Commission granted its formal pre approval via an official letter dated Bhadra 26, 2083. Securing prior clearance from the sector regulator represents a crucial milestone for the business. With regulatory pre approval successfully received, the management can now bring the bonus share proposal directly to the general body of shareholders for final ratification at the upcoming Annual General Meeting.
Fifth Annual General Meeting Details and Agendas
Snow Rivers Limited has formally scheduled its fifth Annual General Meeting for Ashoj 21, 2083, which falls on a Wednesday. The general assembly will commence at 8:30 AM at Lisara Reception Pvt. Ltd., located in Naxal, Kathmandu.
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The upcoming general meeting covers a wide variety of essential agenda items. Beyond reviewing and voting on the proposed dividend, shareholders will convene to discuss and approve the annual report, auditor report, and overall financial statements for the past fiscal year.
Furthermore, the meeting will discuss critical business expansions and financial management strategies. Key agendas include approving a loan agreement with NMB Bank, approving strategic decisions regarding investment in ongoing or new hydropower projects, and investing in shares of other target companies. Additionally, the AGM will conduct an election for one board member representing the general public shareholders.
Capital Structure Expansion and Corporate Amendments
In addition to financial reports and investments, Snow Rivers Limited aims to restructure its capital base and update its regulatory framework. The general meeting agenda includes proposals to increase the authorized capital, issued capital, and paid up capital of the organization.
Shareholders will also consider specific amendments to the rules and regulations governing the internal operations of the company. The board will also request approval to appoint an independent auditor for the ongoing fiscal year and set the corresponding auditor remuneration. These broad agendas highlight a clear corporate strategy aimed at strengthening capital governance, securing project financing, and scaling future operations.
Book Closure Information for Investors
To determine shareholder eligibility for both attending the meeting and receiving the proposed dividend, Snow Rivers Limited has declared a formal book closure day. The book closure will take place for one day on Ashoj 8, 2083, which falls on a Thursday.
Investors and existing equity holders must maintain registered shareholding prior to the book closure date to ensure their names remain on the company register. The official register snapshot taken on that date dictates who holds voting rights at the venue in Naxal, Kathmandu, as well as who will receive the capital growth resulting from the bonus share issue once final approvals are logged.
Summary for Shareholders
The combined distribution of 10 percent bonus shares and 0.5263 percent cash dividend offers shareholders a blended return on investment while retaining capital inside the business for project deployment. With the Electricity Regulatory Commission pre approval already secured, the final major hurdle rests upon the formal voting process during the fifth Annual General Meeting on Ashoj 21, 2083. Investors should track all official updates published by Snow Rivers Limited as the book closure date on Ashoj 8 approaches.
For More: Snow Rivers Dividend Announced
