United Ajod Insurance Concludes 30th AGM; Elects New Directors and Endorses 10.8% Dividend

United Ajod Insurance Limited (UAIL) conducted its 30th Annual General Meeting on Sunday, 6th Falgun, 2080, at Anmol Banquet, Shankhamul, Kathmandu.

During the meeting, the annual reports of the Management Committee, the financial year 2079/80 performance, the audit reports of the former Ajod Insurance Ltd. and United Insurance Co. (Nepal) Ltd., and financial statements for the fiscal year 2080/81, including financial results, balance sheet, and cash flow details, were approved. The meeting also endorsed a 10.8013% dividend to shareholders, comprising a 0.5401% cash dividend and a 10.2612% bonus share from the paid-up capital of Rs. 1.90 Arba.

In the meeting, the new board of directors was elected for the company. The selections included Mr. Ajad Shrestha, Mr. Pranav Kumar Das, Mr. Balram Khanal from the founder's side, Mr. Panu Datta Poudel, and Mr. Shambhu Adhikari representing the general public.