Siddhartha Insurance Limited calls 17th AGM on 13th Asadh, 2076; distribution of 15.48% bonus share proposed

The 147th BOD meeting of Siddhartha Insurance Limited (SIL) has decided that the 17th AGM of the company will be held on 13th Asadh, 2076 (28th June, 2019) at Russian Center of Science and Culture, Kamalpokhari from 11 AM onwards.

The agenda of the AGM includes endorsement of audited financial highlights of FY 74/75 and appointment of statutory auditor for the fiscal year 75/76. The AGM will also be appointing 3 directors from Category ‘A’ promoter shareholder group.

The main agenda of the AGM is to endorse distribution of 15.48433% bonus shares worth Rs.13.40 Crore out of the profits of FY 74/75 for the shareholders.

For this purpose, the books of the company will remain closed from 30th Jestha, 2076 till the date of the AGM. Investors holding shares of the company till 29th Jestha, 2076 will be eligible to participate in the AGM and claim the proposed dividend.