Shareholders of United Ajod Insurance must hold shares by Asar 18 to be eligible for dividends and participation in the upcoming AGM on Asar 30.
United Ajod Insurance Limited has announced that Asar 18 will be the final day for shareholders to secure eligibility for its proposed dividend and annual general meeting (AGM). The company will close its shareholder register on Asar 19, meaning only those who hold shares until Asar 18 will be entitled to receive dividends and attend the AGM.
The company has scheduled its 31st AGM for Asar 30 (Monday) at 10:30 AM at Amrapali Banquet, Bhatbhateni, Kathmandu.
During the meeting, the company will seek approval for a proposed 10% bonus share and 0.5263% cash dividend (for tax purposes) based on its current paid-up capital of NPR 2 arba 10 crore.
In line with directives from the Insurance Board, the company will also revise its previous proposal to issue a 10% rights share, aiming to increase its paid-up capital to NPR 2 arba 50 crore.
The AGM will also include discussions and approvals of the FY 2079/80 annual report, appointment of auditors, election of board members, and amendments to company policies and regulations.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
