Energy Bangla

Infrastructure Development Company Limited (IDCOL), a Non-bank Financial Institution owned by the Government of Bangladesh, has declared dividends of Tk 70 Crore from the profit made in FY 2018. Out of that Tk 20 crore has been paid to the Government as cash dividend while Tk 50 crore would be used for increasing the company’s paid up capital to Tk 650 crore by issuance of bonus shares. Mr. Monowar Ahmed, Secretary, ERD and Chairman, IDCOL handed over the cash dividend cheque to Hon’ble Finance Minister Mr. A H M Mustafa Kamal, FCA, MP. Among others, Mr. Mahmood Malik, Executive Director and CEO, IDCOL, Mr. S.M. Monirul Islam, Deputy CEO of IDCOL, Mr. Maftun Ahmed, Company Secretary, IDCOL, Mr. Nazmul Haque Faisal, Vice President Corporate Affairs, IDCOL were present in the event.