KDS Accessories approves 7.50pc stock, 7.50pc cash dividend

The 29th Annual General Meeting (AGM) of KDS Accessories Ltd was held on a virtual platform on Thursday, said a statement.
The meeting was presided over by Khalilur Rahman, Chairman of the company. Among others, Salim Rahman, Managing Director, other members of the board Tahsina Rahman, Kamrul Hasan FCA, Independent Director Muhammad Jamaluddin, Auditor's Representative and KDS Accessories's CEO Debasis Daspal, CFO Biplob Kanti Banik FCA, Company Secretary Manjure Khuda were also present in the meeting.
The AGM approved the dividend of 7.50 per cent stock (bonus) and 7.50 per cent cash for the year 2019-2020 for the shareholders who held shares on the record date as of November 4, 2020.
A large number of shareholders were present in the AGM on the virtual platform.
The other activities of the AGM were adoption of the Audited Financial Statements of 2019-2020, election of the directors and appointment of auditors.
Salim Rahman, Managing Director of the company, highlighted the future innovation from the company with his plan.