Himalayan Everest Insurance Limited (HEI) has scheduled its 30th Annual General Meeting (AGM) for February 25, 2080. The meeting will take place at Baneshwor Banquet in Thapagaun, starting at 11 AM.
One of the key items on the AGM agenda is the approval of a 15% dividend for the fiscal year 2079/80. In a previous board meeting on Poush 25, it was decided to distribute this dividend on the paid-up capital of Rs. 2.30 Arba. The proposed distribution includes 8.63% bonus shares valued at Rs. 19.86 crore and a 6.37% cash dividend (including tax) amounting to Rs. 14.66 crore.
Additionally, the AGM will cover the endorsement of the auditor’s report, along with profit and loss statements, financial reports, and cash flow reports. The appointment of an auditor for the fiscal year 2079/80 is also on the agenda. Furthermore, there will be discussions about enhancing the facilities and allowances for the board of directors.
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