Sagarmatha Insurance Organizing 26th AGM Today | To Approve 13.05 Percent Dividend & Merger

February 23, 2023 | Investopaper

Sagarmatha Insurance Company Limited (SIC) will conduct its 26th Annual General Meeting (AGM) on Falgun 11, 2079 BS. The meeting will take place at the Lainchaur Banquet, Lainchaur, Kathmandu. The time for AGM is scheduled after 10 AM.

Major Agendas For AGM Include:

Discussion and approval of the financial report of the fiscal year 2078/79.

Appointment of auditor for the fiscal year 2079/80.

Endorsement of 13.05 percent dividend to the shareholders.

Approval of merger with Lumbini General Insurance Company at share swap ratio of 100:80.

Book Closure Date

For the purpose of AGM, SIC had announced the book closure date on Magh 27, 2079 BS. Hence, the investors holding/purchasing shares of SIC until Magh 26 will receive the dividend and can participate in the annual meeting.

Read Related Contents:

Dividend History Of Sagarmatha Insurance Company Limited (SIC)

Sagarmatha Insurance’s Performance In FY 2078/79

Sagarmatha Insurance To Merge With Lumbini General Insurance At Share Swap Ratio Of 100:80


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