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Doreen Power approves 25pc dividend


FE Team | Published: December 06, 2021 21:13:48


The shareholders of Doreen Power Generations and Systems Limited approved 25 per cent dividend along with other agenda in the 14th Annual General Meeting (AGM) held on Sunday through digital platform. Ms. Anjabeen Alam Siddique, Chairman of the Board of Directors of the Company presided over the meeting. Managing Director Mr. Tahzeeb Alam Siddique, Director Mr. Abul Hasnat, Director Mr. Ali Akbar, Independent Director Mr. Mahtab Bin-Ahmed and Mr. Masudur Rahman Bhuiyan, Company Secretary were present in the AGM along with others.

The shareholders of Doreen Power Generations and Systems Limited approved 25 per cent dividend along with other agenda in the 14th Annual General Meeting (AGM) held on Sunday through digital platform. Ms. Anjabeen Alam Siddique, Chairman of the Board of Directors of the Company presided over the meeting. Managing Director Mr. Tahzeeb Alam Siddique, Director Mr. Abul Hasnat, Director Mr. Ali Akbar, Independent Director Mr. Mahtab Bin-Ahmed and Mr. Masudur Rahman Bhuiyan, Company Secretary were present in the AGM along with others. Audited Financial Statements, auditors' report along with directors' report for the year ended 30th June 2021 were approved in the AGM. Shareholders approved 12% stock dividend for all shareholders and 13% cash dividend for general shareholders except directors or sponsors for the financial year 2020-2021. Earnings Per Share (EPS) and Net Operating Cash Flow Per Share (NOCFPS) of the company was Tk.8.09 and Tk.6.46 for the financial year 2020-2021. Net Asset Value Per Share (NAVPS) has stood Tk.48.41 as on 30 June 2021. Doreen Power was listed on capital market in the year 2016.
— Statement

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