IDLC approves 15pc cash, 5pc stock dividend

The 41st annual general meeting of IDLC Finance PLC was held through a digital platform on Thursday in compliance with directives set by the Bangladesh Securities and Exchange Commission.

In line with Bangladesh Bank directives, the board of directors proposed a 15 per cent cash dividend, equivalent to Tk1.50 per share, and a 5 per cent stock dividend for 2025, which were approved by IDLC shareholders at the AGM.

IDLC Finance PLC Chairman Kazi Mahmood Sattar, directors Akhtar Ahmed, chairman of the executive committee; Wasiful Hoq, chairman of the risk management committee; Kazi Mahbub Masud FCA; and Md Zakir Hossain were present at the meeting.

Independent directors Noor Un Nahar, chairperson of the audit committee, and Mohammad Mostafizur Rahman also attended the meeting.