Mid Solu Hydropower Declares Dividend Announcement Includes Bonus Shares and Cash
22nd September 2026, Kathmandu
Mid Solu Hydropower Limited has proposed distributing a total dividend of 15.789 percent to its shareholders from the profits of the fiscal year 2082/83.
Mid Solu Hydropower Dividend
The proposal was formally endorsed during the company’s Board of Directors meeting held on Ashoj 5.
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Dividend Structure and Financial Breakdown
The proposed payout comprises both bonus shares and a cash dividend allocated specifically for tax purposes.
- Total Bonus Share Allocation: The board has proposed issuing a 15 percent bonus share distribution valued at 129 million 99 thousand rupees based on the company’s current paid-up capital of 860 million 660 thousand rupees.
- Cash Dividend for Tax Purposes: A cash dividend of 0.789 percent, amounting to 6.794 million 684 rupees, has been allocated to cover shareholder tax liabilities arising from the bonus share issuance.
- Paid-up Capital Base: The total distribution calculations are grounded on the company’s existing paid-up capital of 860 million 660 thousand rupees.
Approval Requirements and Distribution Process
The execution of the dividend distribution remains subject to regulatory endorsements and shareholder authorization.
- Regulatory Approval: The proposed dividend package must first receive official approval from the Electricity Regulatory Commission.
- AGM Endorsement: Following regulatory clearance, the dividend will be presented for final shareholder approval at the company’s upcoming fifth Annual General Meeting (AGM) prior to distribution.
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