ICL Fincorp Dividend - Bonus Issue

RECOMMENDATION

Neutral

Business Type

Traditional Business

Management

Accounting Practice

Profitability

Solvency

Growth

Valuation

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

No upcoming dividends are available.

Cash Dividend	Dividend/Share	Ex Date
Final	₹ 0.10	March 31, 2017

No upcoming corporate actions available.

Corporate Action	Corporate Action Description	Ratio	Date
Mergers & Aquisitions	Kerala-based ICL Fincorp has announced to acquire Kolkata-based non-banking finance company Salem Erode Investments Limited, through a share purchase agreement of 74.27% of the company’s stake.	-	Nov. 5, 2019
Bonus Issue	The Board of Directors of the Company in their Meeting held on September 03, 2014 resolved to offer 1 Bonus Equity Share of Rs. 10/- each for every 3 fully-paid up Equity Shares of Rs. 10.00/- each h…	1:3	Sept. 3, 2014

No Upcoming announcements available.

Announcements	Link	Announced On
Updates The board in the meeting held on the 24th August 2022 has recommended a dividend of Rs. 15/- per annum on 2,84,000, 15% Redeemable Cumulative Preference Shares of Rs.100/- each for the financial year ended March 31, 2022, amounting to Rs. 39,89,136.98/-	Download	Aug. 24, 2022
Updates Mr. Shinto Stanly (DIN: 06534505) as an Independent Director of the Company to hold office for a term of 5consecutive years i.e. from 03rdday of December, 2019 to 02ndday of December,2024.	-	Sept. 30, 2021
Trading Window During the FY20-21 the company has raised Rs. 122,99,63,000/- by issue of Non-Convertible Debentures/Bonds on Private Placement basis and the projected offer and issue of the same for FY21-22 is Rs.800,00,00,000/-. The outstanding Non-Convertible Debentures as on 31st day of March, 2021 stood at Rs.217,27,67,000/- .	-	Aug. 31, 2021