Himalayan Reinsurance Limited conducted its 4th Annual General Meeting (AGM) on Monday at Nepal Academy, Kamaladi, Kathmandu.
4.5% Bonus Shares & Cash Dividend Approved
The AGM approved a 4.5% bonus share on the current paid-up capital of NPR 10.40 billion, along with a 0.24% cash dividend for tax purposes.
Financial Reports & Auditor Appointed
The shareholders endorsed the annual report, audited financial statements, and the auditor’s report for the previous fiscal year. They also appointed an external auditor for the current fiscal year and finalized the auditor’s remuneration.
Amendments to Company Statute
The meeting passed a proposal to amend the Memorandum and Articles of Association. The board of directors has been authorized to implement any required revisions as per guidance from the regulatory bodies.
About Himalayan Reinsurance
Himalayan Reinsurance continues to strengthen shareholder confidence by offering consistent dividends and maintaining transparent governance. With the approval of bonus shares and proactive regulatory compliance, the company signals stable growth ahead.
