Last day to secure dividend of NIC Asia and Everest Bank.

NIC Asia Bank Limited (NICA) has made arrangements for its 26th Annual General Meeting, scheduled for Ashwin 28, 2080 BS. The event will be hosted at the Army Officers' Club located in Bhadrakali, Kathmandu.

During this pivotal gathering, the primary focus will be on the following key matters:

1. The presentation, deliberation, and endorsement of the financial statements pertaining to the fiscal year 2079/80.
2. The approval of a dividend of 30.5263 percent, which will be distributed to the esteemed shareholders.
3. The crucial task of appointing an auditor for the fiscal year 2080/81.
4. The consideration of an increase in capital.

In preparation for the Annual General Meeting, NIC Asia Bank has officially declared the book closure date to be from Ashwin 16 to Ashwin 28, 2080 BS. This vital detail ensures that shareholders who either possess or acquire NICA shares up to Ashwin 15 will have the eligibility to actively participate in the AGM and also enjoy the benefits of receiving the dividend.

On a parallel note, Everest Bank Limited (EBL) has finalized its plans for the 29th Annual General Meeting, which is scheduled for Ashwin 30, 2080 B.S. The prestigious venue for this AGM will be the Lainchaur Banquet, situated in Lainchaur, Kathmandu. The proceedings will commence after 11 AM.

The pivotal agenda for the AGM comprises:

1. The presentation and subsequent approval of the financial statements related to the fiscal year 2079/80.
2. The meticulous selection of an auditor for the fiscal year 2080/81.
3. The approval of a generous dividend rate of 20.53 percent, which is intended for distribution among the valued shareholders.
4. Deliberation on the potential increase in capital.

As part of the essential arrangements for this event, Everest Bank has officially announced the book closure date as Ashwin 16, 2080 BS. This strategic decision ensures that investors who currently hold or decide to acquire EBL shares up until Ashwin 15 will be entitled to the dividend and are welcome to actively participate in the Annual General Meeting.