Sanima Mai Hydropower Limited (SHPC) has recommended a dividend of 10.5263% for the fiscal year 2079/80. They have also scheduled their 12th Annual General Meeting for November 6, 2023 (Kartik 23, 2080).
In a board meeting held on October 1, 2023 (Ashwin 15, 2080), the company decided to distribute this dividend, consisting of 0.5263% in cash and 10% in bonus shares, based on their paid-up capital of Rs. 3.08 Arba. This translates to bonus shares worth Rs. 30.89 Crores and cash dividends totaling Rs. 1.62 Crores, which includes taxes related to the bonus shares.
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