Himalayan Everest Insurance Limited successfully conducted its 32nd Annual General Meeting (AGM) at Anmol Banquet, Shankhamul, Kathmandu, chaired by Mahendra Krishna Shrestha.
For the purpose of the AGM and dividend distribution, the shareholder register was closed on Poush 21, 2082. Shareholders registered until Poush 20, 2082 participated in the meeting.
During the AGM, the board’s annual report, balance sheet, profit and loss account, cash flow statement, and changes in equity for FY 2081/82 were approved. From the profits of the fiscal year, shareholders were approved to receive a cash dividend of 8% of paid-up capital, amounting to NPR 20,012,592 including tax.
Additionally, the AGM approved the appointment and remuneration of the statutory auditors for FY 2082/83.
Chairman Mahendra Krishna Shrestha expressed confidence that continuous investment in technology and skilled human resources will make the company stronger and more competitive in the long term. He emphasized effective resource management and stakeholder collaboration to further strengthen the company.
CEO Anju Shrestha highlighted that despite challenges in FY 2081/82, the company achieved remarkable progress through strategies focused on long-term sustainability and operational improvement. She reaffirmed the company’s commitment to financial strength, risk management, and customer satisfaction to create sustainable value in the future.
Shareholders expressed their satisfaction with the 8% cash dividend and shared positive remarks during the AGM.
