Home News Nepal Life Insurance Convened its 25th AGM, Declares 21.05% Dividend

Nepal Life Insurance Convened its 25th AGM, Declares 21.05% Dividend

by Expert Nepal
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Nepal Life Insurance convened its 25th Annual General Meeting (AGM) on the 28th of Magh, 2081, at Hotel Vishuwa, Birgunj, presided over by Board Chairman Govind Lal Sanghai.

During the session, the annual performance report for FY 2080/81 was reviewed and ratified, together with the financial documents, such as the balance sheet, profit and loss statement, and cash flow analysis.

The assembly also sanctioned the selection of auditors for FY 2081/82 and proclaimed a 21.05% dividend, which includes 10% bonus shares and an 11.05% cash dividend.

Chairman Sanghai conveyed the organization’s dedication to enhancing its operations and services through structural reforms, better governance, and the adoption of cutting-edge technology.

CEO Pravin Raman Parajuli emphasized the firm’s accomplishments despite economic hurdles and unveiled plans for the company’s 25th-anniversary festivities in the forthcoming year.

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