NLG Insurance Company Calls Out AGM of FY 2074/75

Sep 04, 2019 10:53 AM Merolagani

 NLG Insurance Company has called out its 13th AGM on September 25. The 286th board of directors meeting of the company held on August 29 decided to call the AGM for the FY 2074/75 in Amrapali Banquet, Baluwatar, Kathmandu at 11:00 AM.

The meeting is scheduled to approve financial reports of FY 2074/75 and appoint an auditor for the FY 2075/76.

For the AGM, the company is closing its book on September 11, thus, the shareholders registered in its book till September 10 will be eligible to attend the AGM.

The company forgoes dividend payment for the previous FY despite earning a noticeable profit.

In the previous FY, the company earned Rs 247.6 million in net profit. However, it required to maintain various reserve and provisions under the format of Nepal Financial Report System (NFRS) as per IB.

 

comments powered by Disqus

NLG Insurance Calls Out SGM

Jul 13, 2023 11:54 AM

Sunrise Bank Calls out AGM

May 24, 2023 09:18 AM

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM