Himalayan General Insurance 24th AGM on Poush 30; to endorse 15% cash dividend

Himalayan General Insurance Company Limited (HGI) will be convening 24^th  Annual General Meeting (AGM) on Poush 30, 2074. The AGM is going to be held at Amritbhoj Complex, Kalikasthan, Kathmandu at 2:00 PM. The main agendas of the AGM are:

• To endorse 15% cash dividend from the net profit of FY 2073/74.

Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75. The book closure date for the AGM has been set from Poush 14 to Poush 30, 2074. Thus only those shareholders holding their shares till Poush 13, 2074 i.e. one day ahead of the book closure date are eligible to participate in the AGM and proposed dividend. Its paid up capital stands at Rs 1.02 arba after the recent 166.67% right share. The proposed 15% cash dividend is calculated in the paid-up capital before issuance of right share. The shareholders are eligible for 5.62% cash dividend after adjustment of the capital after right issuance. It had earned Rs 2.23 crore in the first quarter of FY 2074/75. Announcement: