Appollo Ispat Company Limited, a listed company under engineering category, held its 20th annual general meeting (AGM) at a hotel at Chaitabo, Panchdona in Narsingdhi on Sunday, said a press release.
The shareholders at the AGM approved 15 per cent stock dividend for the year ended in June 2014.
Chairman of the board of directors of the company Deen Mohammad chaired the AGM.
The financial statement of the company, the audited report and directors' report were approved at the AGM.
Three retired directors of the company were re-elected at the AGM. Besides, appointment of auditors of the company for the next year and their remuneration were also approved at the AGM.
Directors of the company MA Mazid, Md Rafiq, Managing Director Md Ansar Ali, Deputy Managing Director Abdur Rahman, Executive Director and Company Secretary SA Hasan were present.
The company's net income during the first quarter of the current fiscal (2014-15) rose by 36.83 per cent as it earned net income worth Tk 13,52,65,000 during the said period, against Tk 9,88,57,769 in the same period last fiscal.
During the first quarter of this fiscal, the company's EPS has stood at Tk.0.54 when its number of shares was 250 million. The EPS during the corresponding period of last fiscal was Tk.0.66 when the number of shares was 150 million
Appollo Ispat AGM approves 15pc stock dividend
FE Team | Published: December 22, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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