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.




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