Chandragiri Hills Limited (CGH) has successfully listed 7,67,045.50 bonus shares on the Nepal Stock Exchange (NEPSE), marking a significant step in the Chandragiri Hills Limited (CGH)’s shareholder distribution and capital management.
16th AGM Approves Dividend and Bonus Shares
The Chandragiri Hills Limited (CGH) held its 16th Annual General Meeting (AGM) on Poush 23, 2082, during which it approved a 5.2632% dividend for the fiscal year 2081/82. The dividend was structured as 5% in bonus shares and 0.2632% as a cash dividend (including tax).
The decision reflects the company’s commitment to rewarding shareholders while retaining growth capital for future projects. Following the AGM, the approved bonus shares have now been officially listed on NEPSE, allowing shareholders to trade them in the market.
Market Performance
As of the latest trading, CGH shares are trading at Rs. 877.50, reflecting investor confidence in the company’s stable financial performance and consistent shareholder returns.
Strategic Implications
The listing of bonus shares not only increases liquidity for shareholders but also reinforces CGH’s strong market presence. Analysts believe that the company’s strategy of combining bonus shares with a nominal cash dividend provides an attractive proposition for both existing and potential investors.
