Shares of Shikhar Insurance are empty handed
By Rabindra Dhungel, 22 september 2020. The shareholders of Shikhar Insurance are going to be empty handed this year. As the insurance company will not distribute any kind of bonus to the shareholders from the profit earned in the fiscal year 075-76, the shareholders will be left empty handed.
Announcing the decisions after the meeting, Shikhar informed that it has been decided to submit the financial statements as per the financial statements as per the directive on non-life insurers and financial statements as per Nepal Financial Reporting Standard (NFRS).
Similarly, the decision to submit the financial statements to the Insurance Committee for in-principle approval is also mentioned in the information published in Nepse. The company has also informed in the notification that it will hold a general meeting soon.