Himalayan Life Insurance Limited has announced the convening of its 19th Annual General Meeting (AGM). The decision was taken at a meeting of the company’s Board of Directors held on Magh 2. As per the decision, the AGM will take place on Magh 28 at Amrapali Banquet, located in Bhatbhateni, Kathmandu, starting from 10:00 AM.
The AGM will review and approve the annual report and the auditor’s report for the previous fiscal year 2081/82. In addition, shareholders will pass a proposal related to the appointment of an external auditor for the current fiscal year 2082/83 and the determination of the auditor’s remuneration.
The meeting will also endorse the appointment of an independent director nominated by the Board of Directors and approve expenses incurred by the board. Furthermore, the AGM will authorize the Board of Directors to implement resolutions passed by the AGM in accordance with any directives issued by regulatory authorities.
For the purpose of determining shareholders eligible to attend the AGM, the company has decided to close its share register on Magh 15. Accordingly, only shareholders recorded in the company’s books up to Magh 15 will be entitled to participate in the AGM.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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