Nepal Insurance Company to convene 70th AGM on Bhadra 8, 2076; book closure on Shrawan 24, 2076

The BOD meeting of Nepal Insurance Company Limited (NICL) has decided that the 70th AGM of the company will be held on 8th Bhadra, 2076 (25th August, 2019) at Airport Hotel, Sinamangal from 11 AM onwards.

The agenda of the AGM is to audited financial highlights of FY 74/75 and appoint statutory auditor for FY 75/76. The AGM will endorse decision to distribute 7.5% bonus shares out of the profits of FY 74/75 for the shareholders. The agenda includes appointment of one independent director and one director from ordinary shareholder group.

For this purpose, the books of the company will remain closed on 24th Shrawan, 2076. Investors holding shares of the company till 23rd Shrawan, 2076 will be eligible to claim to attend the AGM of the company.