ICFC Finance Calls AGM for December 29, to Approve 15.78% Dividend

ICFC Finance Limited has announced that it will hold its Annual General Meeting (AGM) on December 29 to endorse dividend and other key proposals. The decision was approved by the company’s Board of Directors during a meeting held on December 7.

The AGM is scheduled for Monday, December 29, at 10:00 AM at Boudha Heritage, Boudha Peepalbot, Kathmandu. During the meeting, the company will present and pass the proposal to distribute a 15.78% dividend for the fiscal year 2081/82.

The meeting will also discuss and approve the annual report of FY 2081/82 presented by the Chairman, along with the auditor’s report, balance sheet, profit and loss account, cash flow statement, and related financial schedules. Additionally, the AGM will appoint an auditor for the current fiscal year 2082/83 and determine their remuneration.

For the purpose of the AGM and dividend distribution, the company has set December 19 as the book closure date. Therefore, only shareholders who have traded and remained on the shareholder register until December 18 will be eligible to receive the proposed dividend and attend the AGM.