Kathmandu. Himalayan Everest Insurance is organizing its 31st Annual General Meeting (AGM) today, Falgun 10. The meeting will be held at Anmol Banquet in Shankhamul, Kathmandu.
The meeting will approve a cash dividend (including tax) of Rs. 218,763,773, equivalent to 8.7 percent of the proposed paid-up capital of Rs. 2.5 billion, 157,400 for the fiscal year 2080.81.
The meeting will also approve the annual report for the previous fiscal year as well as the proposal regarding the appointment of the auditor and the determination of his remuneration for the current fiscal year.
The company closed its books on Falgun 15 for the purpose of dividend and annual general meeting. This means that only shareholders who held shares before Falgun 15 will be eligible to receive dividends and participate in the meeting.
