NIC Asia Bank to Sell 2:1 Right Share | NRB Gives Pre-Approval
May 4, 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, Nepal Rastra Bank has given the pre-approval to the bank.
The bank will begin the procedures for the right offering after the approval from the upcoming Annual General Meeting of the bank.
As of Chaitra’s end 2082 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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