NIC Asia Bank to Sell 2:1 Right Share | SEBON Gives Approval
November 5, 2026 | Investopaper
NIC Asia Bank Limited (NICA) is planning to sell right shares to the shareholders. The company has decided to float the right shares in the ratio 2:1 This means that the shareholders with 100 shares can apply for the additional 50 shares.
For this purpose, Securities Board of Nepal (SEBON) has given the approval to the company on Karthik 18, 2083 BS.
As of Ashwin’s end 2083 BS, NIC Asia Bank has a paid up capital of Rs. 14.91 Arba. Hence, the company has plans to sell right shares worth Rs. 7.45 Arba. After the right issue, the paid-up capital of the bank will reach Rs. 22.37 Arba.
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