Bonus Approval at Reliable Nepal Life Insurance ! Book Closure Details Inside
Reliable Nepal Life Insurance has scheduled its 7th Annual General Meeting (AGM) for January 12th. The decision to convene the meeting was made during the executive committee meeting held on Wednesday. The AGM will commence at 11 AM at Lisara Banquet, Gyaneshwor, Kathmandu.
In this meeting, the company will propose the distribution of a 16% bonus share and a 0.84% cash dividend from the profits of the fiscal year 2079–80, totaling a 16.84% profit share for the shareholders.
Additionally, the agenda includes the election of two directors by the general shareholders’ group. For the purpose of the meeting, the company has announced the closure of the book on January 29. Therefore, only those shareholders holding shares until January 14 will be eligible to participate in the AGM.