Himalayan Life Insurance Holds 19th Annual General Meeting

Himalayan Life Insurance Limited held its 19th Annual General Meeting (AGM) at Amrapali Banquet, Naxal, Kathmandu. The meeting approved the annual report of the board of directors for FY 2081/82, the auditor’s report, financial statements including balance sheet, profit & loss account, and cash flow statements. Independent director Gopal Ghimire and director Dipak Nepal were unanimously appointed.

The AGM also approved the financial statements of the subsidiary, Himalayan Investment Bank Limited, for FY 2081/82 and appointed S.A.R. Associates Chartered Accountants as the external auditor for FY 2082/83. The board was authorized to implement any regulatory changes and approve expenses for FY 2081/82 under the Company Act.

The meeting, chaired by Chairman Shubhabh Agrawal, included a welcome speech by board member Pramila K.C., a vote of thanks by director Ashish Dhakal, and CEO Kapil Kumar Dahal, who addressed shareholders’ queries, promising to implement their suggestions to make the company a leading insurer in the future.