Barun Hydropower Declares 5% Dividend and Sets AGM Date for Mangsir 26

Barun Hydropower Company Limited (BARUN) has proposed a 5% dividend for fiscal year 2081/82 and scheduled its 22nd Annual General Meeting (AGM) for Mangsir 26, 2082 at Smart Durbar, Shankha Park, Kathmandu, starting at 9:30 a.m. The board meeting held on Mangsir 03 finalized the distribution of 4.75% bonus shares worth Rs. 5.09 crores and a 0.25% cash dividend for tax purposes amounting to Rs. 26.79 lakhs, based on the company’s paid-up capital of Rs. 1.07 Arba. Key agendas of the AGM include endorsing the auditor’s report, reviewing profit and loss statements, approving financial and cash flow reports, and appointing an auditor for FY 2082/83. The meeting will also discuss board allowances, endorse the institutional good governance report, and approve decisions made by the Board of Directors. The company has declared Mangsir 14 as the book closure date, meaning only shareholders who hold shares before this date are eligible to receive the dividend and attend the AGM. As of the latest trading session, BARUN stands at an LTP of Rs. 344.90, reflecting continued investor interest in the hydropower sector.

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