The companies are closing their books on April 19 for upcoming AGM, thus, the shareholders registered in their books till April 18 will be eligible to attend the AGM and obtain the announced dividend.
SuryaJyoti Life Insurance is conducting its 16th AGM in Hotel Harrison Palace, Biratnagar at 10 am.
The meeting will approve a proposal of distributing 10.26 percent stock and 24.74 percent cash dividend to its shareholders.
Similarly, Prabhu Insurance (PRIN) is conducting its 28th annual general meeting (AGM) on May 2 in its head office, Prabhu Complex, Tinkune, Kathmandu at 10 am.
The meeting will endorse a proposal of distributing 4.75 percent stock and 0.25 percent cash dividend to its shareholders. moreover, the meeting will approve a proposal of issuing right shares to meet paid-up capital of Rs 1.50 billion or delegate authority to BOD to carry out task if other options available, restructure BOD, elect three directors from both promoter and ordinary shareholders and appoint an auditor.
