Asian Life Insurance, Abhiyan Laghubitta, LIC Nepal, and United Ajod Insurance have scheduled their Annual General Meetings (AGMs) on Asar 30. Key proposals include bonus shares, cash dividends, auditor appointments, and board elections.
Four companies will hold their Annual General Meetings (AGMs) on Asar 30 (Monday). Asian Life Insurance, Abhiyan Laghubitta, LIC Nepal, and United Ajod Insurance have organized their AGMs for that day.
Asian Life Insurance Company Limited will conduct its 17th AGM at Hotel Iccha Simra, Bara, starting at 1 PM. The meeting will propose a 5.10% bonus share and a 0.2684% cash dividend distribution. Additionally, it will approve the annual report, appoint auditors with their remuneration, and elect board members: three from Group ‘A’, two from Group ‘B’, and one independent director. The company closed its share register on Asar 20 for the AGM and dividend purpose, meaning only shareholders registered by Asar 19 are eligible to attend and receive dividends.
Abhiyan Laghubitta Bittiya Sanstha Limited’s AGM will be held at Tamrakar Party Venue, Panauti Municipality-4, Kavrepalanchok, beginning at 11 AM. The company has stated no dividend proposal will be presented. The meeting will discuss the profit and loss statement for FY 2080/81 and propose auditor appointment and remuneration for FY 2081/82. The book closure date was Asar 16; only shareholders registered by Asar 15 can participate.
Life Insurance Corporation (LIC) Nepal will hold its 23rd AGM at Nepal Administrative Training Institute, Jawalakhel, Lalitpur, starting at 11:45 AM. The meeting will propose a 10% bonus share and 0.526% cash dividend (including tax). It will also approve the annual report, auditor’s report, and financial statements for the previous fiscal year and appoint and set remuneration for auditors for the current fiscal year. The book closure was for one day on Asar 16, allowing only shareholders registered by Asar 15 to participate and receive dividends.
United Ajod Insurance Limited will hold its 31st AGM at Amrapali Banquet, Bhatbhateni, Kathmandu, beginning at 10:30 AM. The meeting will propose a 10% bonus share and 0.5263% cash dividend. As per Insurance Authority directives, the company will amend its proposal to issue a 10% rights share to reach a paid-up capital of Rs. 2.5 billion. The agenda includes the annual report for FY 2079/80, auditor and director appointments, remuneration, and amendments to regulations. The company closed its share register on Asar 19, so only shareholders registered by Asar 18 are eligible to attend and receive dividends.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
