Himalayan Life Insurance holds 19th AGM
The AGM also unanimously approved the appointment of independent director Gopal Ghimire and director Deepak Nepal.
KATHMANDU: Himalayan Life Insurance Limited successfully conducted its 19th Annual General Meeting (AGM) on Wednesday at Amrapali Banquet, Naxal, Kathmandu.
During the meeting, the shareholders unanimously approved the Board of Directors’ annual report for the fiscal year 2081/82, the auditors’ report prepared in accordance with the law for the same period, the balance sheet, profit and loss account, cash flow statement, and related schedules.
The AGM also unanimously approved the appointment of independent director Gopal Ghimire and director Deepak Nepal.
Additionally, the shareholders approved the financial statements of the company’s subsidiary, Himalayan Investment Banker Limited, for the fiscal year 2081/82.
Following the recommendation of the Board of Directors, S.A.R. Associates Chartered Accountants were appointed as external auditors for the fiscal year 2082/83.
The meeting granted the Board of Directors the authority to make necessary adjustments to the proposed matters if instructed by regulatory bodies for amendments, modifications, or revisions.
The expenses incurred during the fiscal year 2081/82 were also approved in accordance with Section 105 (1) (a) of the Companies Act.
The AGM was chaired by the company’s Chairman, Shulabh Agrawal. Board member Pramila K.C. delivered the welcome speech, while director Aashish Dhakal offered the vote of thanks.
Chief Executive Officer Kapil Kumar Dahal addressed shareholders’ queries and emphasized that the company will implement shareholders’ suggestions to establish Himalayan Life Insurance as a leading company in the days ahead.
