Kathmandu. United Ajod Insurance has called its 32nd Annual General Meeting.
The meeting of the Board of Directors of the company has decided to hold the AGM on July 14. The meeting will begin at 3:30 am at Amrapali Banquet in Bhatbhateni, Kathmandu.
The Fiscal Year 2081. The company will approve a total dividend of 4.5113 percent of the current paid-up capital proposed for the company. This includes 4.2857% bonus share and 0.2256 cash dividend for tax purposes.
The AGM will also endorse the proposal to amend the Memorandum of Association and Articles of Association after the issuance of bonus shares to reach Rs 2.64 billion. The meeting shall endorse a special resolution granting full authority to the Board of Directors to amend the Articles of Association and to make any suggestions received from the regulatory body.
The meeting will approve the annual report of the previous fiscal year and the auditor’s report and approve the proposal regarding the appointment of the auditor and determination of his/her remuneration for the current fiscal year.
The company has decided to close the book on July 3 for the purpose of dividend and AGM. This means that only the shareholders who have been held before July 19 will be eligible to receive the dividend and participate in the meeting.
