Barun Hydropower Calls AGM, Proposes 5 Percent Dividend
21st November 2025, Kathmandu
Barun Hydropower Company Limited has officially announced its 22nd Annual General Meeting (AGM), following a crucial board meeting held on November 19, 2025 (Mangsir 3, 2082).
Barun Hydropower Calls AGM
The meeting is scheduled to take place on Mangsir 26, 2082 (Friday, December 12, 2025), commencing at 9:30 AM at Smart Darbar, Shankhpark, Kathmandu. This AGM is a major event for the company as it seeks shareholder approval for its financial results and a new dividend proposal.
Dividend Proposal and Capital Structure
The most significant agenda item for the upcoming AGM is the proposal for dividend distribution from the profits of the last fiscal year. This proposal, if approved by the shareholders and subsequently by the regulatory authority, Nepal Rastra Bank (NRB), will finalize the shareholders’ returns.
Total Dividend: The board has proposed a total dividend of 5 percent based on the company’s existing paid-up capital of NPR 1.071 billion.
Bonus Share: The majority of the dividend will be distributed as 4.75 percent bonus shares. This means that for every 100 shares held, a shareholder will receive 4.75 new shares. The issuance of bonus shares is a strategy to increase the company’s paid-up capital, which necessitates amendments to the Memorandum and Articles of Association.
Cash Dividend: The remaining 0.25 percent will be distributed as a cash dividend, specifically earmarked for the payment of the tax levied on the bonus shares.
The AGM will include a special resolution to endorse the decisions to increase the authorized, issued, and paid-up capital following the issuance of the bonus shares, and to approve amendments to the company’s Memorandum and Articles of Association accordingly. Furthermore, the Board of Directors will be authorized to make any necessary amendments that may be required by the regulatory body.
Key Operational and Governance Agendas
In line with the Companies Act, the 22nd AGM includes several mandatory items related to corporate governance, financial accountability, and future operational planning.
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Financial Review: The meeting will discuss and approve the comprehensive financial reports for the previous fiscal year (FY 2081/82). These reports include the annual report, the auditor’s report, the balance sheet, the profit and loss statement, and the cash flow statement. Approval of these documents confirms the financial health and operational performance of the hydropower company.
Auditor Appointment: Shareholders will deliberate on the appointment of an auditor for the current fiscal year (FY 2082/83) and determine their remuneration. This appointment is crucial for maintaining independent financial oversight.
Board Endorsements: The AGM will also serve to ratify and approve all decisions and activities carried out by the Board of Directors during the preceding year. This is a vital step in maintaining good corporate governance.
Governance and Board Remuneration: The meeting will specifically address and endorse the corporate governance report of the company. Additionally, proposals concerning the allowances and facilities of the Board members will be approved, and the board will be authorized to carry out various necessary administrative and strategic procedures as required.
Book Closure Details for Eligibility
To determine which shareholders are eligible to attend the AGM and receive the proposed dividends, the company has announced a specific book closure date.
Book Closure Date: The company will maintain book closure on November 30 (Mangsir 14, 2082). This date is critical for all investors.
Eligibility Cut-off: Only those shareholders listed in the records of the Nepal Stock Exchange (NEPSE) up to November 27, 2025 (Mangsir 11, 2082), will be considered eligible to attend and participate in the 22nd AGM. More importantly, these are the only shareholders who will be entitled to receive the proposed 5 percent dividend, provided the AGM and subsequent regulatory bodies approve the distribution.
Barun Hydropower, which operates the 4.5 MW Hewakhola Hydropower Project in Sankhuwasabha district, is providing this dividend and organizing its AGM as part of its ongoing commitment to shareholder returns and regulatory compliance, following a recent cycle of right share and auction share issues.
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