Himalayan Everest Insurance Successfully Conducted 30th AGM on 25th Magh

Fri, Feb 9, 2024 10:53 AM on Latest, Dividend, Bonus & Rights,

Himalayan Everest Insurance Ltd. (HEI) held its 30th Annual General Meeting on 25 Magh, 2080.

Despite tough economic condition, the company made a hefty profit of Rs. 44 crores 85 lakh and the decision was made to give 15% dividend, consisting of 6.37% bonus shares and 8.63% cash dividend to  the shareholders. Mr. Mahendra Krishna Shrestha, the Chairman of the Board of Directors, led the meeting, with the CEO Mr. Vijaya Bahadur Shah, directors, senior officers, and other employees also in attendance.

During the general meeting, Mr. Mahendra Krishna Shrestha, the Chairman, addressed questions and suggestions from shareholders. Mr. Shrestha expressed gratitude to the leadership and the entire team for their hard work, especially considering the challenges faced after the merger. With the company making significant progress despite disruptions and promising prospects for the current financial year, optimism was high.