Nepal Reinsurance Company Calls Out AGM

Jun 09, 2023 12:58 PM Merolagani

Nepal Reinsurance Company (NRIC) has called out the eighth annual general meeting (AGM) on June 30 in Amritbhog, Kalikasthan, Kathmandu at 11:30 am.

The meeting will endorse a proposal of distributing 4.75 percent stock and 0.25 percent cash dividend to its shareholders.

The meeting will also approve a proposal of amending article and memorandum of association with regard the change in paid-up capital after bonus share distribution.

 Similarly, the meeting will also elect two directors representing institutions other than the government.

In this regard, the company will close its book on June 22, thus, the shareholders registered in its book till June 21 will be eligible to attend the AGM and obtain the announced dividend

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