Last day to clinch 10% stock & 11.05% cash dividend of ICFC Finance; LTP at Rs 266

Tue, Oct 10, 2017 7:44 AM on Latest, Dividend, Bonus & Rights, Featured,
Today is the last day to secure 10% stock and 11.05% cash dividend of ICFC Finance Limited (ICFC). The register of their shareholders will remain closed from Ashwin 25 to Ashwin 31, 2074 for the purpose of this AGM. Only those shareholders having shares traded till today (Ashwin 24, 2074) are eligible for the dividends and for participation in the AGM. The finance company’s 212th BOD meeting held on Bhadra 22, 2074 has proposed 10% bonus share and 11.05% cash dividend, subject to approval from Nepal Rastra Bank and the company’s upcoming AGM. ICFC is going to conduct its 14th Annual General Meeting (AGM) on Ashwin 31, 2074. The AGM is going to be held at Regency Banquet, Sano Gaucharan, Kathmandu at 11:00 AM. ICFC Finance has earned net profit of Rs 19.52 crore upto the end of FY 2073/74. Its paid-up capital currently remains at Rs 80.17 crore, and after the capitalization of 10% bonus share, its paid-up capital will reach Rs 88.19 crore. As a national-level finance company, it had already met NRB’s minimum paid-up capital requirement of Rs 80 crore by issuing 17% bonus share in FY 2072/73. Its LTP stood at Rs 266 as of last trading day.