Sanima Reliance Life Insurance Limited held its 9th Annual General Meeting (AGM) on Thursday, Poush 24 (B.S.) at Shubh Events, Bansbari, Kathmandu, chaired by the company’s Chairman, Ratnalal Kedia. The meeting approved the Board of Directors’ proposal to distribute a 10.178% cash dividend (including tax) on the company’s current paid-up capital.
The AGM also discussed and approved the annual report, auditors’ report, balance sheet, profit and loss statement, and cash flow statements for the previous fiscal year. In addition, shareholders approved the appointment of auditors and determination of their remuneration for the current fiscal year.
Furthermore, the meeting approved the appointment of an independent director, ratified expenses under Corporate Social Responsibility (CSR), and authorized the Board of Directors to take necessary actions in accordance with any directives or recommendations issued by regulatory authorities.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
