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Mandu Hydropower's Bonus Shares Listed on NEPSE
Mandu Hydropower Limited (MANDU) has listed 1,363,637 bonus shares on the Nepal Stock Exchange (NEPSE). The shares stem from a 10.5263% dividend approved at the company's 17th AGM, comprising 10% bonus shares and a 0.5263% cash dividend for tax purposes.
November 3, 20261 min read1 views
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Mandu Hydropower Limited (MANDU) has listed 1,363,637 bonus shares on the Nepal Stock Exchange (NEPSE). The listing follows the company's 17th Annual General Meeting (AGM) held on 1st Ashwin, 2083, where shareholders approved a 10.5263% dividend for the fiscal year 2082/83.
The dividend consists of:
- 10% bonus shares valued at Rs. 13.63 Crores
- 0.5263% cash dividend (for tax purposes) worth Rs. 71.77 lakh
The board of directors had previously decided on this distribution. With the bonus shares now listed, they are available for trading on the exchange.
MANDU's stock closed at Rs. 501.00.