Investment Corporation of Bangladesh holds 49th AGM

The Investment Corporation of Bangladesh (ICB) recently held its 49th annual general meeting (AGM) virtually, according to a press release.

Prof Abu Ahmed, chairman of the Investment Corporation of Bangladesh, presided over the meeting, according to a press release.

At the AGM, shareholders approved the annual report and audited accounts for the financial year 2024-25.

No dividend was declared for the year that ended on June 30, 2025, compared with a 2 percent cash dividend paid in the previous financial year.

During the period under review, ICB made aggregate investments of Tk 3,574.34 crore in the capital market and recovered Tk 179.81 crore through dividends, margin loans, project loans and other loans and advances.

The total transaction volume of ICB and its subsidiary companies on both bourses stood at Tk 13,937.23 crore, marking a 6.55 percent increase from Tk 13,079.39 crore in the previous year.

Niranjan Chandra Debnath, managing director of ICB, along with directors and shareholders, also attended the meeting.