NIC Asia Bank Limited (NICA) has announced the book closure date for the dividend and upcoming AGM.
The 462nd meeting of the Board of Directors held on Kartik 26 has declared the book closure date for the dividend and the upcoming AGM. The bank will organize its 23rd AGM on Mangsir 21. The meeting will be held at the office of the registrar in Thapathali, Kathmandu, starting from 9 am.
NIC ASIA Bank has also proposed a 20% dividend worth Rs 1.94 Arba for the fiscal year 2076/77. The bank has proposed 19% in bonus shares whereas 1% as cash dividend for tax purpose.
For both the dividend and the AGM, the book closure is announced on Mangsir 10. Books will be closed from Mangsir 10 to Mangsir 21. Thus, investors maintained before Mangsir 10 are entitled to the dividend payout and can also attend the AGM.