Premier Insurance has called out its 25th AGM ON July 16 in Naxal Banquet, Naxal at 11:00 AM. The meeting will endorse a proposal of distributing 84 percent bonus share to its shareholders.
After the bonus share distribution, the paid-up capital of the company will reach Rs 1.07 billion. Moreover, the meeting will also delegate authority to BOD to forward merger/acquisition process with suitable partner.
In this regard, the company is closing its book on July 5, thus, the shareholders registered in its book till July 4 will be eligible to attend the AGM and obtain the announced dividend.