Rastriya Beema Company to hold its 29th AGM after 12 years; to endorse 93% bonus share for 3 fiscal years
Sun, Apr 16, 2017 11:55 AM on Latest, Featured, AGM/Special AGM, Book Closure, Stock Market,
Rastriya Beema Company Limited (RBCL) will be convening its 29th Annual General Meeting on Baisakh 22, 2074. After 12 years, the company has announced its AGM for the fiscal year 2060/61, 2061/62 and 2062/63. The insurance company had conducted its latest AGM on Jestha 28, 2066. The AGM is going to be held at Nepal Prashasanik Prasikshan Pratisthan, Jawalakhel, Lalitpur at 2:00 PM.
The main agendas of the company are to endorse bonus share and cash dividend to its shareholders. As per Company Secretary of RBCL, the company has proposed 39% bonus share for FY 2060/61, 39% for FY 2061/62 and 15% for FY 2062/63. As per a notice published in NEPSE on September 20, 2012, the company had proposed the same bonus shares.
Also, to change the capital structure and amend Article of Association and provide authority to the BOD for conduction of SGM for the same. The other agendas of the AGM include financial highlights of 2060/61, 61/62 and 62/63 and to appoint auditor for the fiscal year 63/64 till 68/69.
The register of their shareholders will remain closed from Baisakh 8, 2074 till Baisakh 22, 2074 for the purpose of this upcoming AGM. Only those shareholders owning shares till Baisakh 7, 2074 are entitled to the bonus share of the company and for participation in the AGM.
Rastriya Beema Company has reported a net profit of Rs. 26.16 crore in the second quarter of the current FY 2073/74. Its paid up capital stands at Rs 12.44 crore. After issuance of 93% bonus shares, its paid up capital will reach Rs 24 crore.
Also, to change the capital structure and amend Article of Association and provide authority to the BOD for conduction of SGM for the same. The other agendas of the AGM include financial highlights of 2060/61, 61/62 and 62/63 and to appoint auditor for the fiscal year 63/64 till 68/69.
The register of their shareholders will remain closed from Baisakh 8, 2074 till Baisakh 22, 2074 for the purpose of this upcoming AGM. Only those shareholders owning shares till Baisakh 7, 2074 are entitled to the bonus share of the company and for participation in the AGM.
Rastriya Beema Company has reported a net profit of Rs. 26.16 crore in the second quarter of the current FY 2073/74. Its paid up capital stands at Rs 12.44 crore. After issuance of 93% bonus shares, its paid up capital will reach Rs 24 crore.
