Barun Hydropower Company Limited (BARUN) has announced its 22nd Annual General Meeting (AGM) to approve dividend distribution from the profit of the previous fiscal year. The AGM has been scheduled for Friday, December 12 (Mangsir 26) at Smart Darbar, Shankhamul Park, Kathmandu, starting at 9:30 AM.

During the meeting, the company will present a proposal to distribute dividends to its shareholders, including 4.75% bonus shares and 0.25% cash dividend for tax purposes. In addition to the dividend proposal, several other agendas will be discussed and passed, such as granting authority to the Board of Directors to amend the company’s Articles of Association and Bylaws, appointing a new auditor, and approving the corporate governance report.

The company has also announced Mangsir 14 as the book closure date for AGM participation and dividend eligibility. Therefore, shareholders holding BARUN shares and recorded in NEPSE on or before Mangsir 11 will be eligible to attend the AGM and receive the proposed dividend.