Prudential Insurance Reschedules AGM on Ashar 06
Tue, Jun 15, 2021 10:56 AM on Latest, AGM/Special AGM,
Prudential Insurance Company Limited has rescheduled its 19th AGM on 6th Ashar, 2078. The company had previously called its 19th AGM on 2nd Jestha, 2078, but the meeting was postponed due to the coronavirus pandemic.
The meeting will be held in Hotel Ichchha, Bara, Nepal, starting at 11 am that day. Among other agendas, the AGM will endorse an 8.42% dividend for the fiscal year 2076/77: 8% bonus shares and 0.42% cash dividend (for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 1,02,64,32,000, the bonus shares are worth Rs. 8,21,14,560 and the cash dividend is worth Rs. 43,21,818.95.
The AGM will also elect 2 board members representing the general investors. The existing promoter and public shareholding ratio of the company is 60: 40. This AGM will discuss changing the ratio to 51: 49.
Baisakh 19 was the book closure date for the AGM and dividend. Thus, investors maintained before that day are eligible to claim the dividend and can also attend the AGM.
Previous AGM notice with agendas
