ICFC Finance Limited has called its 23rd Annual General Meeting to approve the proposed 10.5263 percent cash dividend and has announced the book closure date.
ICFC Finance Calls 23rd AGM for Cash Dividend
ICFC Finance Limited is organizing its 23rd Annual General Meeting (AGM) to approve proposed 10.5263 percent cash dividend for shareholders from profit of last fiscal year 2082/83.
The board of directors of finance company decided to hold meeting on Ashoj 13, Tuesday. The program will start at 10:00 AM in morning at Bouddha Heritage, located at Bouddha Pippalbot in Kathmandu.
Key Agendas of the Meeting
The main proposal in assembly is to distribute cash dividend of 10.5263 percent of current paid-up capital, which also includes the tax purpose. Shareholders will get this dividend once the general assembly passes proposal.
Beside dividend, the meeting will also decide on giving authority to board of directors for amending memorandum of association and articles of association. The appointment of auditor and other necessary proposals will also be discussed during meeting.
Book Closure and Shareholder Eligibility
For purpose of AGM and dividend distribution, the finance company is closing its book for one day on Ashoj 5. Because of this, only shareholders who traded in Nepal Stock Exchange (NEPSE) and remained registered until Ashoj 2 are eligible to attend AGM and receive proposed dividend.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
