Sanima Reliance Life Insurance Annual General Meeting: Proposal to Approve 18.3811% Bonus Shares
Author
NEPSE trading
Sanima Reliance Life Insurance has called its 7th Annual General Meeting (AGM) on Ashwin 23 (October 10). The meeting will discuss several important agendas, including the proposal to distribute an 18.3811% bonus share.
AGM Details:
Date and Venue: The AGM will be held on Ashwin 23 (October 10) at 11:00 AM at Anmol Banquet, Shankhamul.
Bonus Share Proposal:
Bonus Share Distribution: The company has proposed to distribute an 18.3811% bonus share, which is yet to be approved at the upcoming AGM.
Financial Reports Approval:
The AGM will discuss and approve the annual report for the fiscal year 2089/080, including the auditor's report, balance sheet, profit and loss account, and cash flow statement, as presented by the Board of Directors.
Other Proposals:
The AGM will also discuss appointing an auditor and determining their remuneration, as well as revising the remuneration for directors.
Book Closure Date:
The company has decided to close its book on Ashwin 11 (September 27) for one day for the AGM. Shareholders registered by Ashwin 10 (September 26) will be eligible to receive the proposed bonus shares and attend the meeting.
Sanima Reliance Life Insurance is preparing to make significant decisions at its 7th Annual General Meeting, with the primary objective of approving the bonus share distribution proposal. This move is expected to provide additional benefits to the shareholders.
