Business Desk :
The 36th Annual General Meeting (AGM) of the shareholders of IDLC Finance Limited was held on Wednesday March 31, 2021 virtually by using digital platform in compliance with the directives set by Bangladesh Securities and Exchange Commission (BSEC), according to a press release.
In line with the directives of Bangladesh Bank, the Board of Directors placed revised proposal of dividend at the AGM and the shareholders approved 15 per cent Cash Dividend (Taka 1.50 per share) and 5.0 per cent stock dividend for the year 2020; a robust feat against the market trend and the prevalent pandemic adversity.
At the event, it was enlightened that on the back of strong governance framework and commitment towards customer-centric drive, IDLC continued to be the frontrunner in the financial market, and displayed resilient performance in 2020 (net profit of Tk 2,541 million), despite the ongoing pandemic and extremely challenging market conditions.
