NEPSE adjusted the stock price of NIC Asia Bank at Rs 407.27 while of Kumari Bank at Rs 184.55.
NIC Asia Bank is conducting its 22nd AGM on September 27 in Army Officers’ Club, Bhadrakali, Kathmandu at 9:00 AM.
The AGM will endorse a proposal of distributing 10 percent stock and 11.0526 percent cash dividend to its shareholders. The bank has a paid-up capital of Rs 8.83 billion that will reach Rs 9.71 billion after the bonus share distribution.
Similarly, Kumari Bank is conducting its 19th AGM on September 28 in Naxal Banquet, Naxal, Kathmandu at 11:30 AM.
The meeting will endorse a proposal of distributing 10 percent stock and 0.5261 percent cash dividend to its shareholders. Presently, the company has paid-up capital of Rs 8.68 billion that will reach Rs 9.55 billion after distribution of the stock dividend.
