ICFC Finance Limited Urges Shareholders to Claim Uncollected Cash Dividend

ICFC Finance Limited (ICFC) has distributed a 6.5% cash dividend directly to bank accounts and urged its shareholders to dematerialize their shares.

The company convened its 20th AGM for the FY 2079/80 on Poush 29, 2080. The company endorsed a 6.5% cash dividend for FY 2079/80. The 320th meeting of the board of directors held on Mangsir 22 decided to distribute the dividend on the paid-up capital of Rs. 1.18 Arba. A 6.5% cash dividend was proposed.

Also, the company has urged the shareholders to dematerialize their shares if they still need to update their bank information in the Demat account and are requested to do so to receive the dividend.

Additionally, suppose eligible investors had taken a loan against the company's shares before the book closure date. In that case, they should present a No Objection Letter from their lending institution to receive the dividend.

According to the notice, some investors haven't collected the cash dividend for the fiscal year 2073/74 to 2078/79 itself.

The company has urged the investors who have not yet claimed their cash dividends to visit the respective bank where their accounts were opened to collect their dividend payments.

Notice: