Kathmandu. Himalayan Life Insurance Company has passed the last day to secure its dividend today, Magh 24. The company is scheduled to close its books on Friday, Magh 25 for the purpose of the general meeting.
The meeting has been called for Falgun 11 at Anupam Foodland and Banquet, Battisputali, Kathmandu from 10:30 am. The company will present a proposal to distribute 14 percent bonus shares from the profit of the last fiscal year in the meeting.
The company has said that the tax on bonus shares will have to be paid by the shareholders themselves. The company has informed through a notice that the shareholders themselves will have to pay the tax on bonus shares as per the prevailing legal provisions.
The agenda of the meeting is to authorize the board of directors to amend the company’s memorandum of association and regulations. The meeting will discuss the profit and loss account for the fiscal year 2079/80. The meeting will appoint the auditor and determine the remuneration for the fiscal year 2081/82.
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