Neco Insurance Limited announces 23rd AGM on 14th Bhadra, 2076; endorsement of 12% bonus shares among other agendas
Tue, Jul 30, 2019 2:09 PM on AGM/Special AGM, Dividend, Bonus & Rights, Latest,
The 373rd BOD meeting of Neco Insurance Limited (NIL) has decided that the 23rd AGM of the company will be held on 14th Bhadra, 2076 (31st August, 2019) at Amritbhog, Kalikastha from 11 AM onwards.
The agenda of the AGM is to endorse the audited financial highlights of FY 74/75 and appoint statutory auditor for FY 75/76. The AGM will also endorse decision to distribute 12% bonus shares worth Rs.14.11 crore and cash dividend worth Rs.74.29 Lakhs (for tax purposes) out of the profits of FY 74/75 for the shareholders.
For this purpose, the books of the company will remain closed from 3rd Bhadra, 2076 till the date of the AGM. Investors holding shares of the company till 2nd Bhadra, 2076 will be eligible to claim the dividend and participate in the AGM of the company.
