Himalayan Life Insurance Concludes 19th Annual General Meeting in Kathmandu

Kathmandu. Himalayan Life Insurance Limited has concluded its 19th Annual General Meeting (AGM). The company's assembly was held on Wednesday at Amrapali Banquet in Naxal, Kathmandu.

The assembly unanimously approved the Board of Directors' annual report for the fiscal year 2081/82, the auditor's report prepared according to NFRS for the period of FY 2081/82, the balance sheet and profit/loss account, the cash flow statement, and related schedules.

Furthermore, the assembly unanimously endorsed the appointment of Independent Director Gopal Ghimire and Director Deepak Nepal. The AGM approved the financial statements of the company's subsidiary, Himalayan Investment Banker Limited, for FY 2081/82, and appointed S.A.R. Associates Chartered Accountants as the external auditor for FY 2082/83 as recommended by the Board of Directors.

Additionally, authority was granted to the Board of Directors to make necessary changes, amendments, or modifications to the proposed agenda items as directed by regulatory bodies, and the expenses incurred in FY 2081/82 were approved in accordance with Section 105 (1) (c) of the Company Act.

During the event presided over by Company Chairman Sulabh Agrawal, Board Member Pramila KC delivered the welcome address and Director Ashish Dhakal offered the vote of thanks. Chief Executive Officer Kapil Kumar Dahal responded to shareholders' queries, assuring them that shareholder suggestions would be implemented to make the company a leading entity in the coming days.