Sahas Urja Limited (SAHAS) has announced a proposal to distribute a 21% bonus share and a 1.1053% cash dividend to its shareholders. The decision was made during the company’s Board of Directors meeting held on 24th Kartik 2082.
According to the company, the cash dividend will be used to cover tax obligations related to the bonus shares. This move reflects the company’s commitment to rewarding its investors while maintaining a solid financial position for future growth.
Additionally, Sahas Urja plans to issue rights shares in a 1:1 ratio after the distribution of the bonus shares. The rights issue will be based on the adjusted paid-up capital and is intended to raise funds for investment in other hydropower projects.
The proposal is subject to approval from the Electricity Regulatory Commission and will be presented for final approval at the company’s upcoming Annual General Meeting.
Through this initiative, Sahas Urja Limited aims to strengthen its financial capacity and contribute further to Nepal’s hydropower development sector.