The AGM will also approve a 14 percent dividend for the fiscal year 2077/78, among other items on the agenda. It was determined during the 287th meeting of the board of directors, which was place on Ashoj 25, to distribute Rs. 1,024,265,800 as a dividend on the company’s paid-up capital. The company has proposed a 10 percent bonus share distribution worth over Rs 10.24 crores and a 4 percent cash dividend (including tax) distribution worth over Rs 4.09 crores.
Mangsir 23 is the date on which the book will be closed. As a result, shareholders who had their accounts in good standing before that date are eligible for the dividend payout and are welcome to attend the AGM.
As of this writing, ICFCR17;s LTP is at Rs. 819.20.