Vision Lumbini Urja Company to Skip Dividend from FY 2080/81

December 13, 2024 | Investopaper

Vision Lumbini Urja Company Limited (VLUCL) has informed about the dividend decision to the shareholders.

The board meeting of the company held on Mangsir 27, 2081 BS has decided to skip the dividend to the shareholders from the fiscal year 2080/81.

Since the hydropower project promoted by the company is in the development phase, it has neither proposed bonus share or cash dividend.

The company is constructing a 25 MW Seti River Hydroelectric Project in Machhapuchchhre rural municipality of Kaski District.

As of Ashad’s end 2081 B.S., Vision Lumbini Urja Company Limited has a paid-up capital of Rs. 191.25 crores.


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