Guardian Micro Life Insurance Announces December 28 AGM with Key Capital and Governance Proposals

Guardian Micro Life Insurance has scheduled its third Annual General Meeting (AGM) for December 28 at the Hotel Airport in Biratnagar, Morang. The agenda includes approval of a special proposal to issue 1:1 rights shares based on the existing paid-up capital of Rs 750 million, along with authorizing the Board to potentially increase authorized capital if necessary. Additionally, the AGM will consider amendments to the company's Memorandum and Articles of Association, appointment of a director by ordinary shareholders, approval of annual and auditor reports for fiscal years 2081 and 2082/83, and auditor appointment with remuneration determination. The company has set December 29 as the book closure date, limiting AGM participation to shareholders recorded before this date.