United Ajod Insurance Calls 32nd AGM on July 15, Proposes 4.2857% Bonus Shares and 0.2256% Cash Dividend

6th July 2026, Kathmandu

United Ajod Insurance Limited has officially called its 32nd Annual General Meeting to review corporate performance and ratify its latest profit distribution strategies.

United Ajod Calls AGM

The prominent non life insurance operator finalized the assembly schedule following recent board discussions regarding capital management targets.

The central tracking assembly is scheduled to take place on July 15, 2026, which translates to Ashar 31, 2083 on the localized Nepalese calendar. The administrative session will commence at 10:30 AM at the Amrapali Banquet facility, located in the Bhatbhateni residential hub of Kathmandu.

COMPREHENSIVE AGENDA AND AUDITING REAPPOINTMENTS

The primary meeting parameters incorporate several regulatory evaluation sessions aimed at ensuring transparency for all institutional stakeholders. The operational assembly will focus on discussing and endorsing multiple fundamental financial records from the previous fiscal cycle:

• Review and official approval of the comprehensive annual report submitted by the Board of Directors.
• Examination of the audited financial statements, general profit and loss accounts, and localized cash flow data lines.
• Approval of the formal appointment of an external auditing firm tasked with overseeing financial ledgers for the upcoming fiscal year.

Regarding fiscal oversight operations, the executive administration has recommended the formal reappointment of J.B. Rajbhandari and Devins Chartered Accountants. The established financial auditing firm will continue serving as the primary independent evaluator to ensure systemic compliance with international reporting metrics.

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DIVIDEND STRUCTURE AND CAPITAL SCALING PROPOSALS

The principal highlight of the assembly centers around the endorsement of the dividend structures recommended by the executive board. The non life insurance provider has structured its shareholder return mechanisms to balance capital retention with investor rewards:

• Bonus Shares Allocation: The board has proposed a 4.2857% bonus stock distribution, which funnels equivalent equity assets into the shareholder portfolios.
• Cash Dividend Provision: A 0.2256% cash dividend allocation has been outlined by the treasury department, designed specifically to cover the mandatory dividend tax liabilities of investors.
• Issued Capital Adjustments: The successful issuance of these stock dividends will officially scale the institutional issued capital from the baseline of Rs. 2.541 billion up to a new milestone of Rs. 2.64 billion.

To align company guidelines with these structural equity modifications, the assembly will also debate specific amendments directed at the institutional Memorandum of Association and Articles of Association. The investors will grant full authorization to the core Board of Directors to execute any sudden changes or legal updates requested by national insurance supervisors during the final registration process.

STRATEGIC POSITIONING AND FINANCIAL OUTLOOK

United Ajod Insurance Limited came into existence following a historical corporate merger phase that combined the financial networks of two major non life underwriting operators. The integrated business model has allowed the firm to optimize its premium collections while lowering day to day operational expenses across its regional branch network.

By expanding its core capital structure to meet the updated regulatory benchmarks enforced by the Nepal Insurance Authority, the firm secures a more competitive risk positioning. The management intends to deploy this expanded financial framework to accelerate its digital transformation journey, streamline automated underwriting channels, and introduce highly accessible micro insurance products to remote demographic clusters across the nation.

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