National Life Insurance will hold its 37th Annual General Meeting (AGM) on Asar 5, 2082. The meeting will begin at 10:30 AM at the company’s central office in Lazimpat, Kathmandu.
The AGM will propose a total dividend distribution of 15%, which includes a 5% bonus share and a 10% cash dividend. Additionally, a cash dividend of 0.789473% will be distributed for tax purposes.
The meeting will also approve the annual report, appoint auditors, sanction expenses, amend the company’s memorandum and bylaws, and consider capital increase proposals. Furthermore, elections for board members will take place, with 3 directors elected from the founder group and 2 from the public group.
For the AGM and dividend entitlement, the company closed its share register on Jestha 22, meaning only shareholders registered by Jestha 21 are eligible to receive dividends and participate in the meeting.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
