ACI approves 80pc cash, 10pc stock dividend

The 47th Annual General Meeting of Advanced Chemical Industries Limited was held on Thursday through a digital platform. M. Anis Ud Dowla, Chairman of the company, presided over the meeting, said a statement.
The Audited Financial Statements for the year ended 30 June 2020 together with Reports of the Directors and Auditors of the company were approved by the shareowners in the meeting. They have also approved 80 per cent cash dividend and 10 per cent stock dividend for the said financial year.
Dr. Arif Dowla, Managing Director of the company, in his short presentation, highlighted a few of the salient features of the business and addressed the issues raised by the shareholders.
He also expressed gratitude and acknowledged co-operation of all stakeholders. He particularly mentioned the contribution and efforts of the employees of the company during this pandemic crisis.