Himalayan Re-insurance Limited Calls its First SGM on Jestha 27 With These Agendas
Fri, May 27, 2022 12:20 PM on Latest, AGM/Special AGM,

Himalayan Re-insurance Limited (HRL) is going to convene its first Special General Meeting (SGM) on 27th Jestha, 2079. The SGM is going to be held at Hotel Aloft, Thamel, Kathmandu, starting at 2 pm that day.
These are the agendas:
1) To issue IPO for the general public at premium price.
2) To make necessary amendments in the management letter and rules and to delegate all the necessary powers to the board of directors to do so.
3) Miscellaneous
Himalayan Re-Insurance is the first private sector reinsurance company established in the Republic of Nepal. The company offers Reinsurance support to Life and General Insurance Companies in Nepal and overseas. HRL has an authorized capital of Rs. 21 Arba, intial paid up capital of Rs. 7 Arba. The other reinsurance company in Nepal is Nepal Re-insurance Company which is a public limited company.