Nepal Micro Insurance Company Announces Second Annual General Meeting on Jestha 16

Nepal Micro Insurance Company Limited has announced its Second Annual General Meeting (AGM), scheduled to be held on Jestha 16 at Garden Resort, Bharatpur, starting from 11:00 AM.

For the purpose of the AGM, the company has set the book closure date on Jestha 8. Shareholders holding shares till that date will be eligible to attend the meeting and vote on the proposed agendas.

The following are the key proposals to be discussed and approved during the meeting:

1. Discussion and approval of the Annual Report for FY 2080/81 presented by the Chairman on behalf of the Board of Directors.

2. Review and approval of the financial statements of FY 2080/81, including the auditor’s report, balance sheet, profit & loss account, cash flow statement, and related schedules.

3. Appointment of an external auditor for FY 2081/82 and determination of their remuneration as per Section 111 of the Companies Act, 2063.

4. Election of two directors representing public shareholders.

5. Approval of meeting allowances, travel expenses, and other benefits for board members.

6. Approval of expenses incurred under the company’s corporate social responsibility (CSR) activities.

The company has encouraged all shareholders to participate in the AGM and exercise their rights.