NLG Insurance 10th AGM on Poush 30; To endorse 17.11 stock & 3.93 % cash dividend

NLG Insurance Company Limited (NLG) is going to convene its 10^th Annual General Meeting (AGM) on Poush 30 (January 14). The AGM is being held at Auditorium Hall, Russian Center of Science and Culture, Kamal Pokhari, Kathmandu at 11:00 AM. The main agendas of the Annual General Meeting is to endorse 17.11 percent bonus share and 3.939471 percent cash dividend from the net profit it earned in the fiscal year 2071/72. Other Agendas of the AGM include financial highlights of 2071/72 and appointment of auditor. Currently NLG has a paid up capital of Rs. 34.15  crore. After the issuance of 17.11% bonus shares, its paid up capital will reach to Rs 40 crore. Only those shareholders owning shares till  Poush 14 will be entitled to the dividend of the company. The register of their shareholders will remain close from Poush 16, 2072 till Poush 30, 2072 for the purpose of its upcoming (AGM).