Himalayan General Insurance Calls Out AGM

Jul 31, 2019 11:54 AM Merolagani

Himalayan General Insurance (HGI) has called out 25th AGM on September 23. The 241st board of directors meeting of the company held on July 30 decided to call the AGM in Karki Banquet, Babarmahal, Kathmandu.

According to the company, it has not proposed any dividend to its shareholders for the FY 2074/75 given that it has to maintain adequate fund in various provisions as per the direction of IB due to implementation of NFRS format.

For the AGM, the company is closing its book from September 3, thus, the shareholders registered in its book till September 2 will be eligible to attend the AGM.

The company has already met up the minimum paid-up capital requirement of Rs 1 billion.

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