NIC Asia Bank Unveils Book Closure Date for 30.5% Dividend; Calls AGM on Ashwin 28

NIC Asia Bank Limited (NICA) has unveiled the book closure date for its 30.5% dividend from Ashwin 16 to Ashwin 28 and has called its 26th AGM on 28th Ashwin, 2080. The meeting will be held in the Army Officer's Club located at Sundhara, Kathmandu, starting from 9 AM that day.

Among the other agendas, the AGM will endorse a 30.5% dividend for the fiscal year 2079/80. 29% bonus shares and a 1.5% cash dividend have been proposed from the paid-up capital of Rs. 11.56 Arba. Thus, the bonus shares are worth Rs. 3.35 Arba, and the cash dividends are worth Rs 17.35 Crores.

Therefore, the shareholders maintained till 15th Ashwin are entitled to dividend payout and can attend this AGM.