Asian Life Insurance has announced Asar 19 (Thursday) as the final day for shareholders to be eligible for its upcoming dividend and participation in its 17th Annual General Meeting (AGM). The company will close its book on Asar 20 (Friday) for one day.
Asian Life Insurance Announces Book Closure on Asar 20, AGM Scheduled for Asar 30
Asian Life Insurance Company Limited has set Asar 19 as the last day for investors to secure eligibility for dividend distribution and participation in the company’s upcoming 17th Annual General Meeting (AGM). The company will observe a book closure on Asar 20, Friday, for this purpose. Therefore, investors whose shares are traded on NEPSE and registered under their name by Asar 19 will be entitled to attend the AGM and receive the proposed dividend.
The AGM is scheduled to be held on Asar 30 (Monday) at Hotel Ichchha, Simara, Bara, starting at 1:00 PM. During the meeting, a proposal to distribute a 5.10% bonus share and an additional 0.2684% cash dividend for tax purposes from the current paid-up capital will be presented for approval.
In addition, the meeting will also discuss and pass proposals to:
Authorize the board to amend the company’s Memorandum and Articles of Association,
Elect three directors from the promoter group and two from the public shareholders,
Appoint one independent director, and
Appoint a new auditor for the upcoming fiscal year.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
