Life Insurance Corporation Calls Out SGM to Approve Right Issue

Jan 01, 2023 10:39 AM Merolagani

Life Insurance Corporation Nepal (LICN) has called out special general meeting (SGM) on January 17 in Lisara Reception Bhagwati Bahal, Naxal, Kathmandu.

The meeting will endorse a proposal of issuing 88.4516 percent right shares to its existing shareholders.

Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association.

In this regard, the company is closing its book on January 9, thus, the shareholders registered in its book till January 8 will be eligible to attend the SGM.

comments powered by Disqus

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

Chirkhwa Hydropower Incurs Loss

Apr 25, 2024 09:26 AM