General meeting of United AJOD Insurance was held where dividend was passed and five directors were elected

Kathmandu : United AJOD Insurance Company has completed its 30th Annual General Meeting. The meeting was held in Anmol Banquet Kathmandu.

The company has passed the financial statement for the financial year 2024/024 A.D (2079/80 B.S) in the annual general meeting. Also, the meeting passed 10.26 percent bonus shares and 0.54 percent cash dividend (for tax purposes) offered by the company to the shareholders.

Five directors were elected unopposed by the meeting. The company has elected 3 directors representing the board of directors on behalf of the founder shareholders of group “A” and 2 directors representing the board of directors on behalf of the general shareholders of group “B”.

Aajad Shrestha, who is currently the chairman, and Pranav Kumar Das and Balram Khanal, the current directors, were elected on behalf of the founder. Das nominated CG Foods and Khanal on behalf of Chaudhary Group. Panudatta Poudel and Shambhu Adhikari were elected from the general public. Panudatta is currently the director while the officer is a new face.

As the book was closed on 5th of February, 2024 A.D (22nd of Magh, 2080 B.S) for the purposes of the company’s meeting and dividend, the shareholders remaining in NEPSE until 4th of February will receive dividends.