Proposed Dividend of Nepal Life Endorsed by AGM

Kathmandu: The twenty second Annual General Meeting of Kingdom of Nepal life assurance Company has supported the projected money dividend for the yr 2077-78. The Board of administrators had projected fifteen.78 % money dividend to its shareholders from the profit of the last yr. The AGM was control at building Vishwa Birgunj on weekday.

The AGM has passed the annual money report for the yr 2077/78 given by the chairman on behalf of the board of administrators. Similarly, the auditor’s report beside the yr 2077-78 profit and loss, accounting, cash flow, budget and different details are mentioned and gone along the assembly.

The assembly has passed the resolution to appoint AN auditor for the yr 2078/79 and set his remuneration consistent with the advice created by the Audit Committee of the corporate. Likewise, the BODs has approved the appointment of AN freelance director within the meeting.

The shareholders United Nations agency are holding the share until seventeen Hindu calendar month are eligible to receive the money dividend.

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