Ajod Insurance (AIL) Calls AGM; Company Issuing 2: 1 Rights Offering

Ajod Insurance Limited (AIL) has called its 3rd AGM on 7th Baisakh, 2078. The AGM will be held in World Trade Center, Tripureshwor, Kathmandu, starting at 11 am that day.

Among other agendas, there is a particularly important agenda to endorse the issuance of the right shares. This AGM will endorse the rights offering on 50% of the paid-up capital. In other words, an extra unit share will be issued for every two existing shares of the company.

The book closure is declared on Chaitra 24. Thus, investors maintained before that day are entitled to attend the AGM. Books will be closed from Chaitra 24 to Baisakh 07 of next year.

AGM notice