The twenty-fourth Annual General Meeting (AGM) of Infrastructure Development Company Limited (IDCOL) was held on June 30, 2021 via virtual platform.
Ms. Fatima Yasmin, Chairman, IDCOL and Secretary, Economic Relations Division, presided over the meeting.
During the FY 2020 Company’s profit before tax and provision was Tk. 318.17 crore.
The AGM declared the dividends for a total amount of Tk. 46 crore from the profit made by the company during FY 2020.
The dividends are: An amount of Tk. 23 crore to be paid to the government as cash dividend; and an amount of Tk. 23 crore be used for increasing the company’s paid-up capital to Tk. 738 crore from the existing Tk. 715 crore by way of issuing bonus shares.
Dr. Ahmad Kaikaus, Shareholder, IDCOL and Principal Secretary to the HPM, Prime Minister’s Office, Mr. Abu Hena Md. Rahmatul Muneem, Shareholder, IDCOL and Chairman, National Board of Revenue (NBR), Mr. Abdur Rouf Talukder, Director and Shareholder, IDCOL and Senior Secretary, Finance Division, Mr. M. Tofazzel Hossain Miah, Director and Shareholder, IDCOL and Secretary, Prime Minister’s Office, Mr. Md. Habibur Rahman, Director and Shareholder, IDCOL and Secretary, Power Division, Mr. Tapan Kanti Ghosh, Shareholder, IDCOL and Secretary, Ministry of Commerce, Mr. Abdul Baki, Shareholder, IDCOL and Additional Secretary, Economic Relations Division, Ms. Nihad Kabir, Director and Shareholder, IDCOL, Mr. Abdul Haque, Director and Shareholder, IDCOL, Mr. A. K. M. Nurul Fazal Bulbul, Director & Shareholder, IDCOL and Mr. Mahmood Malik, Executive Director and CEO, IDCOL attended the AGM.
