Sanima Life Calls Out AGM on November 22

Oct 25, 2019 11:21 AM Merolagani

Sanima Life Insurance (SLI) has called out 2nd AGM on November 22. The 23rd board of directors meeting of the company held on October 20 decided to call the AGM in Hotel Yellow Pagoda, Kantipath, Kathmandu at 11:00 AM.

The meeting will endorse a proposal of distributing 30 percent initial public offering worth Rs 600 million to the general public. The current paid-up capital of Rs 1.40 billion will reach Rs 2 billion after the IPO issuance.

The AGM will further amend its article of association and memorandum of association and approve the financial reports prepared as per NFRS standard.

 

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