Himalayan Re-insurance Limited (HRL) is going to convene its second Annual General Meeting (AGM).
According to the decision of the 29th meeting of the board of directors of HRL company held on 2079/06/03, the second annual general meeting of HRL will be held on the following written date, time, and place to discuss and decide on the following proposals, so all shareholders are requested for their information and attendance.
Date, time, and place of meeting
Date: Friday, 4 Kartik 2079.
Time: 11:00 AM.
Location: Hotel Aloft, Thamel, Kathmandu
Topics of discussion:
- Relating to the discussion and adoption of the financial statements, comprising the profit and loss account, cash flow statement, related schedules, and the auditor's report for 2078–2079
- Regarding the appointment of auditors for the year 2079/80 and fixing their remuneration.
- About the director's salary, allowances, and facilities.
- Regarding the required revisions to the Regulations and Articles of Association, and granting the Board of Directors all necessary authority to carry them out. Concerning the power to amend the amended articles of association and rules as determined by the records or approved bodies of the board of directors.
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, initial paid-up capital of Rs. 7 Arba. The other reinsurance company in Nepal is Nepal Re-insurance Company which is a public limited company.