Supermai Hydropower has proposed a total dividend of 18.421% for the fiscal year 2082/83, comprising 14% bonus shares and 4.421% cash dividend, including tax.

Kathmandu: Supermai Hydropower Limited has proposed distributing a total dividend of 18.421% to its shareholders.

The company plans to distribute the dividend from its accumulated profits for the fiscal year 2082/83. The proposed dividend consists of 14% bonus shares and a 4.421% cash dividend, including tax.

According to the decision of the company's board of directors, the proposal requires approval from the Electricity Regulatory Commission before distribution.

After receiving regulatory approval, the proposal will be presented at the company's upcoming 12th Annual General Meeting (AGM).

Shareholders will receive the proposed bonus shares and cash dividend only after the AGM approves the proposal.