ICFC Finance Limited (ICFC) has called its 18th AGM on 5th Poush, 2078. The meeting will be held in Amrapali Banquet, Kathmandu, starting at 10 am that day.
Among other agendas, the AGM will endorse a 14% dividend for the fiscal year 2077/78. The 287th meeting of the board of directors held on Ashoj 25 decided to distribute the dividend on the paid-up capital of Rs. 1,024,265,800. 10% bonus shares worth over Rs 10.24 crores and 4% cash dividend (including tax) worth over Rs 4.09 crores have been proposed.
Mangsir 23 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.
As of writing, ICFC has an LTP of Rs. 819.20.