28th June 2022

The twenty-fifth Annual General Meeting (AGM) of Infrastructure Development Company Limited (IDCOL) was held on 27 June via virtual platform. Fatima Yasmin, Chairman, IDCOL and Secretary, Economic Relations Division presided over the meeting. During the FY 2021 Company’s profit before tax and provision was Tk. 397.67 crore. The AGM declared the dividends for a total amount of Tk. 100 crore from the profit made by the Company during FY 2021.

The dividends are as follows:

1) An amount of Tk. 50 crore to be paid to the Government as cash dividend; and

2) An amount of Tk. 50 crore be used for increasing the Company’s paid-up capital to Tk. 788 crore from the existing Tk. 738 crore by way of issuing bonus shares;

Fatima Yasmin, Chairman, IDCOL and Secretary, Economic Relations Division, Dr. Ahmad Kaikaus, Shareholder, IDCOL and Principal Secretary to the HPM, Prime Minister’s Office, Abu Hena Md. Rahmatul Muneem, Shareholder, IDCOL and Chairman, National Board of Revenue (NBR), Abdur Rouf Talukder, Director and Shareholder, IDCOL and Senior Secretary, Finance Division, M. Tofazzel Hossain Miah, Director and Shareholder, IDCOL and Secretary, Prime Minister’s Office, Md. Habibur Rahman, Director and Shareholder, IDCOL and Secretary, Power Division, Tapan Kanti Ghosh, Shareholder, IDCOL and Secretary, Ministry of Commerce, Abdul Baki, Director and Shareholder, IDCOL and Additional Secretary, Economic Relations Division, Nihad Kabir, Director and Shareholder, IDCOL, Abdul Haque, Director and Shareholder, IDCOL, A. K. M. Nurul Fazal Bulbul, Director & Shareholder, IDCOL and Alamgir Morshed, Executive Director and CEO, IDCOL attended the 25th AGM of IDCOL.


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