Himalayan Re-Insurance Holds 4th Annual General Meeting, Approves 4.5% Bonus Shares and Cash Dividend

Himalayan Re-Insurance Limited successfully conducted its 4th Annual General Meeting (AGM) today. During the meeting, the shareholders approved a 4.5% bonus share distribution along with a cash dividend of NPR 246,315,578.95 for tax purposes.

The AGM also passed the company’s annual report for the previous fiscal year, along with the auditor’s report and financial statements. Additionally, the meeting approved the appointment of an auditor for the current fiscal year and finalized their remuneration.

The management highlighted the company’s expanding reach in the reinsurance sector and emphasized improvements in key financial indicators over the past year.