Four listed companies are set to conduct their Annual General Meetings (AGMs) on Monday, Asar 30 (July 15), 2081 B.S. The companies are Asian Life Insurance, Abhiyan Laghubitta Bittiya Sanstha, Life Insurance Corporation Nepal (LIC Nepal), and United Ajod Insurance.
1. Asian Life Insurance AGM
- Date & Time: Asar 30, 1:00 PM
- Venue: Hotel Iccha Simarama, Balkumari, Lalitpur
Dividend Announcement
The 17th AGM of Asian Life Insurance Company Limited will approve the distribution of:
- 5.10% bonus shares
- 0.2684% cash dividend (for tax purposes)
Other Agenda Items:
- Approval of the annual report and auditor’s report
- Appointment of auditors and remuneration determination
- Election of directors:
- 3 from Group ‘A’ (promoters)
- 2 from Group ‘B’ (public)
- 1 independent director
Book Closure:
The company closed its book on Asar 20. Shareholders holding shares until Asar 19 are eligible to attend the AGM and claim dividends.
2. Abhiyan Laghubitta AGM
- Date & Time: Asar 30, 11:00 AM
- Venue: Tamrakar Party Venue, Panauti-4, Kavrepalanchok
Dividend Announcement:
The company has announced no dividend proposal for this AGM.
Key Agendas:
- Discussion on the financial statements of FY 2080/81
- Appointment of an auditor and determination of remuneration for FY 2081/82
Book Closure:
Book closure was done on Asar 16. Shareholders recorded until Asar 15 are eligible to participate.
3. LIC Nepal AGM
- Date & Time: Asar 30, 11:45 AM
- Venue: Nepal Administrative Staff College, Jawalakhel, Lalitpur
Dividend Announcement:
LIC Nepal’s 23rd AGM will approve:
- 10% bonus shares
- 0.526% cash dividend (including tax)
Other Agenda Items:
- Approval of the previous fiscal year’s annual report and auditor’s report
- Appointment of an external auditor and remuneration fixation for the current fiscal year
Book Closure:
The company closed its book for one day on Asar 16. Only shareholders registered until Asar 15 are eligible.
4. United Ajod Insurance AGM
- Date & Time: Asar 30, 10:30 AM
- Venue: Amrapali Banquet, Bhatbhateni, Kathmandu
Dividend Announcement:
United Ajod Insurance will propose:
- 10% bonus shares
- 0.5263% cash dividend
Key Agendas:
- Approval of FY 2079/80 annual report and financials
- Appointment of auditors and directors
- Proposal to revise the earlier right share issuance plan (10%) in line with Insurance Board’s directive to raise paid-up capital to Rs. 2 arba 50 crore
- Proposal for amendments to company regulations
Book Closure:
The company announced book closure on Asar 19. Shareholders holding shares until Asar 18 are eligible for AGM participation and dividends.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
