Shareholders must purchase United Ajod Insurance shares by Asar 18 to be eligible for the proposed bonus and cash dividends. The company has scheduled its AGM on Asar 30 to approve the dividend and other key proposals.
United Ajod Insurance Limited has announced that Asar 18, 2082 (Wednesday) is the last day to purchase shares in order to qualify for the company’s upcoming dividend. The company has set Asar 19 as the book closure date, meaning only shareholders recorded by Asar 18 will be eligible to receive the dividend and attend the Annual General Meeting (AGM).
The company is set to hold its 31st AGM on Asar 30 (Monday) at 10:30 AM at Amrapali Banquet, Bhatbhateni, Kathmandu. During the meeting, the board will seek approval for a 10% bonus share and a 0.5263% cash dividend (for tax purposes) based on the current paid-up capital of Rs 2 arba 10 crore.
In line with the Insurance Board’s directive to increase paid-up capital to Rs 2 arba 50 crore, the company has also proposed to amend its earlier plan and issue 10% right shares. Other proposals on the AGM agenda include the approval of the annual report for FY 2079/80, appointment of auditors, election of board members, and amendments to various internal regulations.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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