Kathmandu. The 28th Annual General Meeting of NIC ASIA Bank Limited was held at the Army Officers’ Club, Bhadrakali, Kathmandu on Monday. The AGM has approved the Directors Report, Auditor’s Report, Balance Sheet, Profit and Loss Accounts and Cash Flow Statement for the fiscal year 2081/82 BS.
The AGM approved the issuance of right shares in the ratio of 2:1 of the paid-up capital of the bank after obtaining necessary approval from the concerned bodies as proposed by the committee.
The AGM elected Ashok Kumar Agrawal, Ram Chandra Sanghai, Jayanta Kumar Agrawal from promoter shareholders and Aditya Kumar Agrawal, Keshav Prasad Lamsal and Anupa Pradhan Rajbhandari from public shareholders.












