Himalayan Life Insurance Calls AGM; No Dividend for FY 2078/79
Fri, Jan 5, 2024 11:41 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Himalayan Life Insurance Limited (HLI) has called its 16th AGM on 18th Magh, 2080. The meeting will be held in the Silver Oak Banquet and Events, Gairidhara, Kathmandu, starting at 11 AM.
These are the agendas of the AGM:
1) Endorsement of financial reports for the fiscal year 2078/79.
2) Endorse the auditor's report with PL statements, financial reports, and cash flow reports of former Union Life Insurance Company Limited, Gurans Life Insurance Company Limited, and Prime Life Insurance Company Limited.
3) Endorse the appointment of the auditor for the fiscal year 2079/80.
4) To elect 6 directors including 3 from the promoter shareholding group and 3 from the public shareholding group.
5) To approve the appointment of an independent director.
8) Miscellaneous.
The 16th Board Meeting of HLI, held on Poush 19, 2080, has decided that Former Union Life Insurance Company Limited, Gurans Life Insurance Company Limited, and Prime Life Insurance Company Limited will not distribute any dividends to its shareholders from the accumulated profit of FY 2078/79.
The book closure date is on Magh 3. Thus, shareholders maintained before that day can attend the AGM.
