IDCOL holds 28th AGM, approves bonus share issue

Infrastructure Development Company Limited (IDCOL) held its 28th Annual General Meeting (AGM) on 12 July 2025 at the InterContinental Dhaka. Md. Shahriar Kader Siddiky, Chairman of IDCOL and Secretary of the Economic Relations Division (ERD), presided over the meeting.

At the AGM, the company approved dividends totalling Tk 100 crore for the financial year 2024, following a strong year of performance. IDCOL posted a profit before tax and provision of Tk. 753.02 crore during the year under review.

The approved dividend package includes a Tk. A cash dividend of  50 crore to the Government, and an additional Tk. 50 crore in bonus shares, which will raise the company's paid-up capital from Tk. 888 crore to Tk. 938 crore.

IDCOL, a state-owned non-bank financial institution under the Ministry of Finance, has played a crucial role in financing large-scale infrastructure and renewable energy projects throughout Bangladesh. The company continues to support the Government's vision of sustainable economic development through strategic investments in power, energy, and social infrastructure.