Barun Hydropower proposes 5% bonus shares; LTP at Rs 210

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    Barun Hydropower Company Limited (BARUN) proposes 5% stock dividends for the FY 2073/74.

    As per the notice published in NEPSE today, the board meeting of hydropower held today has announced 5 % bonus shares and 0.263% cash dividends (for tax purpose) to its shareholders from the profit it had earned in the FY 2073/74.

    The decision is subjected to the approval from the concerned authority.

    After distribution of 5% bonus shares, its paid up capital will reach to Rs 25.51 crore from existing 24.30 crore.

    BARUN has earned Rs 70.68 lakh in the second quarter of the FY 2073/74. Its LTP stood at Rs 210 as of today.

    Source : Share Sansar