Thu, Feb 20, 2020
Sindhu Bikas Bank (SINDU) has postponed AGM scheduled to be held on January 14 in Sindhupalchowk Chamber of Commerce, Bahrabise, Sindhupalchowk.
The AGM has been postponed due to insufficient quorum for the conduction of the meeting.
The meeting was supposed to endorse a proposal of distributing 11.51 percent stock and 0.57 percent cash dividend.
Out of 20 general insurance companies operating in Nepal, 15 are listed companies. Those listed companies earned a net insurance premium of Rs 5.60 billion and net profit of Rs 1.58 billion by the second quarter of the last FY.
