16th December 2024, Kathmandu
Rastriya Beema Company Limited has scheduled its second Annual General Meeting (AGM) for January 8, 2025. The AGM will be held at Anmol Catering Service, Shankhamul, Kathmandu, starting at 11:00 AM.
Rastriya Beema Company AGM 2025
The company will discuss several key proposals related to its financial performance and operations for the fiscal years 2016/17 and 2017/18.
Key Proposals to be Discussed
Approval of Financial Statements
The AGM will review and approve the annual reports for the fiscal years 2016/17 and 2017/18.
Shareholders will consider the auditor’s report and the board’s proposal to appoint and remunerate the auditors for these years, based on the Office of the Auditor General’s advice.
Director’s Allowances and Benefits
The AGM will also approve the director’s meeting allowances and other facilities for the 2016/17 and 2017/18 fiscal years.
The proposal includes a meeting allowance of NPR 6,000 per meeting for directors.
Directors will receive an additional monthly allowance of NPR 12,000 for communication, newspapers, internet, and fuel.
Appointment of Auditors for Future Years
The board will propose the appointment of auditors for the 2018/19, 2019/20, 2020/21, and 2021/22 fiscal years, as well as their remuneration.
The proposal will follow recommendations from the Office of the Auditor General.
Book Closure for AGM
The company will close its books for the AGM from January 2, 2025, to January 8, 2025.
Only shareholders who hold shares before January 2, 2025, will be eligible to attend and vote at the AGM.
Discussion of Financial Reports
During the AGM, the board will present the financial statements for 2016/17 and 2017/18. Shareholders will review and approve the balance sheet, profit and loss account, and cash flow statements for the respective years.
Significance of the AGM
The second AGM of Rastriya Beema Company is an important event. It provides an opportunity for shareholders to review the company’s performance and financial health. The AGM will also allow shareholders to discuss and vote on the proposed resolutions for the future of the company.
Event Details
Date: January 8, 2025
Time: 11:00 AM
Venue: Anmol Catering Service, Shankhamul, Kathmandu
Eligibility to Participate
Only shareholders who hold shares by January 2, 2025, will be eligible to attend and vote at the AGM. Shareholders are encouraged to check their registration before the closure date.
This AGM reflects the company’s commitment to transparency and active shareholder engagement. It is an important step for Rastriya Beema Company in maintaining its financial health and corporate governance standards.
For further updates, shareholders should stay in touch with official communications from the company.
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