AGM of ACI approves 55pc dividend

FE Team | Published: December 27, 2022 22:26:28

Chairman of Advanced Chemical Industries Limited M Anis Ud Dowla presides over the 49th annual general meeting of the company virtually on Monday.

The 49th annual general meeting (AGM) of Advanced Chemical Industries (ACI) Limited was held virtually on Monday, with M Anis Ud Dowla, Chairman of the company, in the chair, says a statement.
The audited financial statements for the year ended June 30, 2022 together with Reports of the Directors and Auditors of the company were approved by the shareholders at the meeting.
They have also approved 50 per cent cash dividend and 5 per cent stock dividend for financial year 2022.
Dr. Arif Dowla, Managing Director of the company, highlighted some of the salient features of the business and addressed the issues raised by the shareholders.