Kathmandu. NLG Insurance Company Limited has convened its 19th Annual General Meeting (AGM). As per the decision of the board of directors of the company held on June 15, the meeting was convened from 11:00 am at Amrapali Bank, Baluwatar.
The meeting will pass a proposal to distribute 2.50 percent bonus shares and 0.131579 percent cash dividend (including tax) of rs 2.50 billion of paid-up capital from the profits of the last fiscal year.
The meeting will pass the financial statements including the annual and auditor’s report of the last fiscal year and appoint an auditor for the current fiscal year and fix his remuneration.
They will authorize the board of directors to make necessary amendments in the company’s management letter and regulations and approve the expenses incurred in the last fiscal year and pass a proposal regarding the meeting allowance of the directors.
In addition, the company is going to close the book for one day on June 15 for the purpose of meeting and dividend distribution. According to a notice, only the shareholders who have been retained till June 15 can participate in the meeting and receive dividends.
प्रतिक्रिया दिनुहोस्