4th September 2025, Kathmandu
Nepal Life Capital Limited will be holding its 12th Annual General Meeting (AGM) on September 26, at the Holiday Inn Express in Naxal, Kathmandu. The decision to convene the meeting was approved by the company’s Board of Directors on August 26.
Nepal Life Capital Limited’s AGM
The AGM is a crucial event for the company’s governance, providing a platform for management and shareholders to discuss and align on the company’s performance, strategy, and future direction. This meeting is particularly significant in the context of Nepal’s evolving capital market, as it will address key corporate, financial, and regulatory matters.
Key Agendas of the 12th AGM
The upcoming AGM has a comprehensive agenda designed to ensure corporate transparency, regulatory compliance, and effective strategic planning. A special resolution will be presented to authorize the Board of Directors to make necessary amendments to the company’s Articles of Association (AoA) and Memorandum of Association (MoA). These foundational documents govern the company’s internal and external operations, and their amendment is crucial for aligning with the latest instructions and requirements from regulatory bodies. This demonstrates the company’s commitment to maintaining operational flexibility while adhering to the legal and regulatory frameworks of the Securities Board of Nepal (SEBON).
Another major item on the agenda is the approval of financial statements for the fiscal year 2081/82. The Board of Directors will present its Annual Report, which summarizes the company’s performance, challenges, and strategic direction over the past year. Shareholders will have the opportunity to deliberate on and approve the audited financial statements, which include the balance sheet, profit and loss account, and cash flow statement. This process ensures accountability and provides a clear financial picture to all stakeholders.
The AGM will also address the appointment of an external auditor for the fiscal year 2082/83. The meeting will not only select the auditing firm but also determine their remuneration package. The auditor plays a vital role in ensuring the accuracy and integrity of the company’s financial reports, which is essential for maintaining investor trust and regulatory compliance.
Finally, the AGM provides a critical forum for discussion between the Board and shareholders. The Chairman will present the Directors’ Report, offering an overview of the company’s achievements and future plans. Shareholders will be given a dedicated time to ask questions, seek clarifications, and provide their feedback before resolutions are voted on. This open dialogue is a cornerstone of good corporate governance, as it empowers shareholders to actively participate in the company’s decision-making process.
Significance of the AGM
The Annual General Meeting is a fundamental component of corporate governance. It serves as the primary governance platform where company executives and shareholders can formally engage in a dialogue about strategy, performance, and future direction. For Nepal Life Capital, the 12th AGM is a defining event that comes at a time of significant change and opportunity in Nepal’s capital market. The meeting’s focus on approving financial reports and amending governing documents highlights the company’s emphasis on financial transparency and compliance. By actively involving shareholders in these decisions, the company reinforces its commitment to strong governance and accountability.
The AGM’s role in seeking shareholder approval for regulatory-driven amendments is a clear sign of the company’s forward-looking approach, ensuring it remains agile and compliant in a dynamic market environment. This process also helps build investor confidence by showing that the company is proactively aligning its operations with the evolving regulatory landscape. The discussions held during the meeting, from the Directors’ Report to the open Q&A session, are vital for bridging the gap between management and investors. This engagement ensures that the company’s strategic direction is not only clear but also aligned with the interests of its shareholders.
About Nepal Life Capital Limited
Nepal Life Capital Limited is a wholly-owned subsidiary of Nepal Life Insurance Company Limited, which is the largest life insurance provider in Nepal. As a licensed merchant banker under the supervision of the Securities Board of Nepal (SEBON), Nepal Life Capital offers a broad range of specialized financial services. These services are crucial for both companies and individual investors within Nepal’s capital market ecosystem.
The company’s core services include mutual fund management, where it manages and grows investment funds on behalf of a large number of investors. It also provides portfolio management services, offering professional, customized investment strategies for high-net-worth individuals and institutional clients to meet their specific financial goals and risk tolerance.
Nepal Life Capital also acts as a depository participant (DP), facilitating the dematerialization and transfer of securities, which is a key function in a modern, paperless securities market. Furthermore, the company is involved in issue and sales management of securities, assisting companies with the end-to-end process of public offerings like Initial Public Offerings (IPOs) and Follow-on Public Offerings (FPOs). The company’s expertise in corporate advisory and investment services provides valuable guidance to businesses on matters such as business valuation, mergers and acquisitions, and capital restructuring. This comprehensive suite of services has positioned Nepal Life Capital as an active and reliable player in the growing and increasingly competitive capital market of Nepal. The announcement of its 12th AGM, with its focus on governance and transparency, further underscores its role in reinforcing investor confidence and contributing to the sustainable growth of the country’s financial sector.
For More: Nepal Life Capital Limited’s AGM