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