The meeting will endorse a proposal of merger with Union Life and Gurans Life Insurance. Moreover, the meeting will approve a proposal of rebranding the joint entity as Himalayan Life Insurance.
The meeting will also approve swap ratio of 1:1:1 of the companies.
The joint entity of the companies will have its headquarter in Kathmandu Municipality ward no 1.
In this regard, the company will close its book on April 11, thus, the shareholders registered in its book till April 10 will be eligible to attend the SGM.
