NIC Asia’s 19th AGM approved 26% bonus & 15% right share

NIC Asia Bank Limited has successfully conducted its 19^th Annual General Meeting (AGM) on Ashwin 18, 2073. The AGM has approved 26 percent stock and 1.37 percent cash dividend (for tax purpose) to its shareholders. Also the bank has approved to issue 1:0.15 (15%) right share after bonus share distribution. NIC Asia earned net profit of Rs 1.07 arba in the fourth quarter of the fiscal year 2072/73 as per unaudited report. It’s paid up capital stands at Rs 4.57 arba and after the issuance of 26% bonus and 15% right share its paid up capital will rise to Rs 6.62 arba.