NIC Asia Bank Limited (NICA) has successfully concluded its 24th AGM. The AGM was held on 20th Chaitra, 2078, in Army Officers Club, Bhadrakali, Kathmandu, starting at 9 am that day.

The AGM endorsed financial reports for the fiscal year 2077/78 and annual reports presented by the chairman. The meeting also endorsed the appointment of the independent director Bijaya Swar.

The AGM elected 3 board members from public shareholders and 3 from promoters. Tulsiram Agrawal, Trilok Chand Agrawal, and Ramchandra Sanghai have been elected board members from promoters while Nikunja Agrawal, Ganeshman Shrestha, and Aditya Kumar Agrawal have been elected from the public shareholders.

The company has acknowledged the…


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