NIC Asia bank to convene 21st AGM on Poush 04; AGM to endorse 10% bonus shares

NIC Asia Bank Limited (NICA) will be convening its 21^st AGM on Poush 04, 2075. The meeting will be convened in the premises of Heritage Garden, Sanepa at 9:00 AM.

The main agendas of the meeting include

1. Endorsement of 10% bonus shares and 0.526% cash dividend for the FY 2074/75
2. To increase its authorized capital to Rs 8.84 arba from Rs 8.04 arba
3. To make changes in the MoA and regulations and to provide authority to the BOD to make changes in the future

Other agendas of the meeting include endorsement of audited financial report for the FY 2074/75 and appointment of statutory auditor for the FY 2075/76.

For the purpose of the meeting, NICA has announced its book closure on Mangsir 19, 2075 till Poush 04, 2075 i.e. the shareholders holding till Mangsir 18 will be eligible to particiapte in the AGM.