NIC Asia Bank AGM Approves Financial Reports, 2:1 Rights Share Issue and Elects New Board Members
Tue, Jun 2, 2026 11:54 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Corporate,
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NIC Asia Bank Limited has successfully held its 28th Annual General Meeting in Kathmandu, where shareholders approved the bank’s annual financial statements for fiscal year 2081/82, including the balance sheet, profit and loss account, and cash flow statement up to Ashadh end 2082.
The meeting also approved the issuance of rights shares in a 2:1 ratio, subject to regulatory approval. Additionally, new members were unanimously elected to the Board of Directors from both institutional and general shareholder groups.
