Idcol declares Tk 120cr dividend

Infrastructure Development Company Ltd (Idcol) declared a dividend of Tk 120 crore, including Tk 70 crore in cash, for fiscal year 2022-23 at its 26th annual general meeting recently. 

Facilitating adoption of renewable energy technologies and promoting energy efficiency, the company's profit before tax and provision was Tk. 698.79 crore. Chairman Sharifa Khan, also secretary to Economic Relations Division, presided over the meeting, said a press release.

M Tofazzel Hossain Miah, Tapan Kanti Ghosh, Md Shahriar Kader Siddiky and Abu Hena Md Rahmatul Muneem, shareholders, Fatima Yasmin, Mohammad Salahuddin, Md Habibur Rahman, Nihad Kabir, Abdul Haque and AKM Nurul Fazal Bulbul, directors, and Alamgir Morshed, executive director and CEO, attended the meeting.