General Insurance Company to convene first AGM on 29th Shrawan, 2076; decision to issue IPO worth Rs.30 Crore for the general public

Tue, Jul 23, 2019 12:55 PM on AGM/Special AGM, IPO/FPO News, Latest,
General In...

The BOD meeting of General Insurance Company Nepal Limited has decided that the 1st AGM of the company will be held on 29th Shrawan, 2076 (14th August, 2019) at Alice Restaurant, Gairidhara from 5 PM onwards.

The agenda of the AGM is to endorse the audited financial highlights of the previous years and appoint statutory auditor for FY 75/76. The AGM will be electing directors from the promoter shareholders group. The meeting will endorse decision to issue 30% equity via IPO worth Rs.30 Crore as 30 Lakh units of shares at par value. Necessary changes will be made in the books of the company.