Life Insurance Corporation Nepal (LICN) announces AGM date

February 24, 2019 | Investopaper

Life Insurance Corporation Nepal (LICN) has announced its AGM to be held on Chaitra 4 at Rastriya Sabha Griha, Pradarshanimarga. The time has been scheduled for 9:00 AM.

The AGM will endorse a 12 percent bonus share from the profit of fiscal year 2073/74. The bonus percentage was revised after the initial proposal to distribute 34 percent bonus from the profit of the previous fiscal year.

The company has a paid up capital of 1.34 arab and after the bonus adjustment, it will become 1.49 arab. The book closure date for participating in the AGM is Falgun 21, 2075.


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