Berger Paints AGM approves 375pc cash div

Berger Paints Bangladesh Limited has approved a 375 per cent cash dividend for 2020-2021.
The approval was made at the 48th annual general meeting (AGM) of Berger Paints through a digital platform recently, says a release.
Gerald K Adams, chairman of Berger Paints Bangladesh Limited, presided over the meeting.
Managing Director Rupali Chowdhury along with other directors Anil Bhalla, Anis A Khan, Masud Khan, Rishma Kaur, Kanwardip Singh Dhingra, Sunil Sharma, Parveen Mahmud, Abhijit Roy and Sazzad Rahim Chowdhury also attended the meeting.
Gerald K Adams presented the Directors' Report, Auditors' Report and Audited Financial Statements for the year ended March 31, 2021 before the shareholders. Rupali Chowdhury replied to the shareholders' queries.
A 375 per cent cash dividend was declared for 2020-2021 in the meeting. The company achieved 2.8 per cent revenue growth and around 6.0 per cent volume growth in the year ended March 31, 2021.
Berger Paints Bangladesh Limited has been awarded for 'Top VAT Payer' for the year 2018-2019 under the manufacturing category. The company also received 'ICMAB Best Corporate Award 2019' in the category of multinational manufacturing industries. In addition, Berger Paints has been awarded the 'Best Paint Brand' in Paint category for 10th consecutive times by Bangladesh Brand Forum (BBF) in partnership with Nielsen Bangladesh.