Union Life Insurance Calls Out AGM

Jan 18, 2023 09:30 AM Merolagani

Union Life Insurance Company has called out 5th AGM on February 9 in its  Tiger Palace, Bhairahawa at 10.30 am.

The meeting will endorse a proposal of distributing 8.97 percent stock dividend to its shareholders. Moreover, the meeting will restructure its promoter and ordinary share ratio at 51:49 from existing 70:30 and approve decision taken by BOD in regard with merger with Union Life, Prime Life and Gurans Life and appoint an auditor to conduct DDA.

In this regard, the company will close its book on January 30,  thus, the shareholders registered in its book till January 29 will be eligible to attend the AGM and obtain the announced dividend.

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