Sanima General Insurance To Conduct It's SGM On Ashad 15; M&A Is Major Agenda

The Special General Meeting (SGM) of Sanima General Insurance Limited (SGI) will be conducted on the following date, time, and place, as per the resolution of the 104th meeting of the Board of Directors of General Insurance Limited held on Jestha 2, 2079, to consider and decide on the following issues:

Date: Ashad 15, 2079/ June, 29, 2022

Time: 10 a.m.

Place: Dhumbarai Party Palace and Restaurant

Issues to be discussed: The company must have a recognized affiliation with a non-life insurance company in order to decide on future mergers and acquisitions, sign a memorandum of understanding, conduct a due diligence audit, and give authority to the board of directors to complete all other merger-related procedures, including determining its own remuneration.