KATHMANDU: Ultimate Indoors Pvt Ltd held the draw ceremony of the NIC Asia Corporate IV slated for August 25 to September 5 at the Ultimate Indoor Cricket in Koteshwor.

A total of 17 teams are participating in the event.

As per the draw, Shreenagar Agro, Dish Home and NB Bank were pitted in Group A, while Laxmi Bank, WWF Nepal and World Link were in Group B.

Similarly, Mega Bank, Sanima Hydro and Pepsi were in Group C, while Machhapuchchhre Bank, NIBL Capital and NMB Bank were pitted in Group D.

Group E comprised of Annapurna Post, ICFC Finance and NIC Asia Bank, while Century Bank and Verscend Technologies were in Group F.

Top two teams of the league-cum-knock out tournament will get trophies and gift hampers.

The best player, bastman and bowler will be awarded with trophies.