Kathmandu. Sun Nepal Life Insurance Company has called its eighth and ninth annual general meeting.
The meeting of the Board of Directors of the company held on Thursday decided to hold the AGM of the two fiscal years on January 8. The meeting will begin at 10:30 am at Amritbhog Caterers in Kalikasthan, Kathmandu.
In the last fiscal year 2081. The company will approve a total dividend of 20.2632 percent of the current paid-up capital proposed for the company. This includes 5% bonus shares and 15.2632% cash dividend.
The meeting will also approve a proposal to increase the authorized capital of the company. While amending the Memorandum of Association and Articles of Association, the meeting shall approve the special proposal provided to the Board of Directors with the authority to carry out the directives and suggestions received from the regulatory body.
The meeting for the fiscal year 2080. 82 and 2081. 82. The annual and auditor’s report will be approved. The meeting held the current fiscal year 2082. 83. Approve the proposal relating to the appointment of the auditor and the determination of his/her remuneration.
The company has decided to close the book on December 28 for the purpose of dividend and AGM. This means that only the shareholders who have remained in the company as of December 13 will be eligible to receive the dividend and participate in the meeting.
