Ajod Insurance’s third general meeting concluded; Elects two directors

Kathmandu, April 20

Ajod Insurance Company Ltd., held its third annual general meeting on Tuesday.

The assembly has elected Panudatta Poudel and Sirjana Subedi unopposed from the general group. Also, a meeting of the company’s board of directors held on Monday has appointed Bishnu Prasad Nepal as an independent expert director. The same appointment has also been approved by the General Assembly. Also, the assembly has discussed and passed the third annual report of the fiscal year 2076/77.

By the second quarter of the current fiscal, the company had earned a profit of Rs. 4 crore 6 lakh. The company has collected Rs. 68 crore 23 lakh premiums during the period. The company has been providing insurance services through seven regional offices, 22 branches, 17 sub-branch offices and 10 insurance counters.