Sahas Urja Declares 21% Bonus Shares and 1.1053% Cash Dividend; Plans 100% Right Share Issue

Sahas Urja Limited (SAHAS) has announced an attractive dividend package for its shareholders. The company’s Board of Directors, in a meeting held on 24th Kartik 2082, proposed distributing a 21% bonus share and a 1.1053% cash dividend. The cash portion will be utilized for tax purposes related to the bonus shares. Additionally, the company has unveiled plans to issue 100% right shares in a 1:1 ratio based on the adjusted paid-up capital after the issuance of bonus shares. This right share proposal, which requires approval from the Electricity Regulatory Commission, will be presented for final endorsement in the upcoming Annual General Meeting (AGM). The funds raised through the right issue will be invested in new and ongoing hydropower projects to expand the company’s generation capacity.