Kathmandu. Reliable Nepal Life has concluded its 8th Annual General Meeting today. The meeting was held at Amrapali Banquet in Bhatbhateni, Kathmandu.
Assembly for fiscal year 2080. A total dividend of 12.63 percent of the current paid-up capital of Rs 4.64 billion proposed for 81 has been approved. This includes 12 per cent bonus share and 0.63 per cent cash dividend for tax purposes.
The assembly has approved a special proposal to amend the management letter and regulations accordingly as the paid-up capital of the company will reach Rs 5.19 billion after the distribution of bonus shares. The Assembly has passed a proposal to give all the authority to the Board of Directors to make any changes or other necessary works if the regulatory body directs to make any changes or other necessary works while amending the management letter and regulations.
Assembly for fiscal year 2080. The annual and auditor’s report of 81 has been approved. The same meeting for the current fiscal year 2081. It has passed a proposal regarding the appointment of auditors and determination of their remuneration for 82.
