Active Fine Chemicals Limited announcements
336 Dhaka Stock Exchange announcements for Active Fine Chemicals Limited (ACTIVEFINE) since 2010: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (35).
- National Credit Ratings Limited (NCR) has announced the surveillance rating of the Company as \"A\" in the long term and
National Credit Ratings Limited (NCR) has announced the surveillance rating of the Company as \"A\" in the long term and \"ST-3\" in the short term along with a developing outlook based on audited financial statements of June 30, 2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.26 for July-September 2021 as against Tk. 0.03 for July-September 2020; NOCFPS was Tk. 0.73 for July-September 2021 as against Tk. 0.08 for July-September 2020. NAV per share was Tk. 22.27 as on September 30, 2021 and Tk. 22.01 as on June 30, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 29.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2021.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 28, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 24.11.2021 to 25.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2021.
- The auditor of the Active Fine Chemicals Limited has given the \"Qualified Opinion\" paragraphs in the Auditor\'s Report
The auditor of the Active Fine Chemicals Limited has given the \"Qualified Opinion\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: i. Provision for current income tax and deferred tax required as per para 12 & 15 of IAS 12 has not been made except for other income, as disclosed in note # 20, based on gazette No- 26.00.0000.100.42.008.17-54 dated 14-05-2018 by Commerce Ministry under the caption (cont.1)
- (Continuation news of ACTIVEFINE): \"National Active Pharmaceutical Ingredients (API) & Laboratory Reagents Production a
(Continuation news of ACTIVEFINE): \"National Active Pharmaceutical Ingredients (API) & Laboratory Reagents Production and Export Policy\" regarding tax exemption. Special Regulatory Order (SRO) has been published by National Board of Revenue (NBR) on October 11, 2021 (SRO # 315) stating some conditions and guidelines to be followed by the company for enjoying such exemption but necessary steps (application to NBR) (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): by the company to have exemption certificate are yet to be taken. Further, payment fo
(Continuation news of ACTIVEFINE): by the company to have exemption certificate are yet to be taken. Further, payment for purchase of fixed assets and raw materials was made during the year without complying provisions of section 30(m) of Income Tax Ordinance 1984. ii. As per notification no. SEC/CMRRCD/2009-193/120/Admin of Bangladesh Security Exchange Commission dated December 07, 2011, (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): \"The Sponsors/promoters and directors of any listed company shall hold jointly minim
(Continuation news of ACTIVEFINE): \"The Sponsors/promoters and directors of any listed company shall hold jointly minimum 30\% shares\". But the sponsors and directors of the Company hold only 12.04\% shares which is violation of the said notification. iii. Impairment analysis for property, plant and equipment to be done by management as per para 9 of IAS 36 has not been completed as of balance sheet date considering the external and internal source of information regarding (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): impairment of assets in accordance with para 12 of the same standard. iv. We have obs
(Continuation news of ACTIVEFINE): impairment of assets in accordance with para 12 of the same standard. iv. We have observed that the entity did not pay 10\% of the WPPF of earlier years\' balances to the government exchequer as per section 234 of Labor Act 2006 (amended in 2015). v. Analysis of accounts receivable and related cash flow reveals that a major portion of accounts receivable of earlier year(s) remains uncollected. Although, (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): a provision of 2.5\% considering Expected Credit Loss (ECL) on accounts receivables i
(Continuation news of ACTIVEFINE): a provision of 2.5\% considering Expected Credit Loss (ECL) on accounts receivables in accordance with IFRS-9 has been maintained but it is not adequate considering doubtful of recovery. vi. Cash at banks includes some uncleared cheques amounting to Tk. 167,828,000 which are shown in the reconciliation statements as \"uncleared lodgement\" but till our reporting date those cheques were not cleared. (end)
The first part of this announcement is missing from the archive. - The Board of Directors has recommended 0.50% Cash dividend (other than Sponsors and Directors) for the year ended on Jun
The Board of Directors has recommended 0.50% Cash dividend (other than Sponsors and Directors) for the year ended on June 30, 2021. The Company also has recommended No dividend for the year ended on June 30, 2020. Total paid up number of shares is 239,936,580 nos. and General Shareholders holding is 211,048,216 nos. of shares and Directors are holding 28,888,364 nos. of shares. Taka 10,552,410.79 will be payable as dividend. (cont.)
- Dividend Declaration for the year ended on June 30, 2021 and 2020
(Cont. of ACTIVEFINE): Date of AGM: December 23, 2021, Time: 11:30 AM (For Year 2021), 10:30 AM (For Year 2020). Venue: Digital Platform. Record Date: November 28, 2021 (For Year 2021 and 2020), The Company has reported EPS of Tk. 0.16, NAV per share of Tk. 22.01 and NOCFPS of Tk. (0.76) for the year ended on June 30, 2021 as against Tk. (0.23), Tk. 21.85 and Tk. 2.39 respectively for the year ended on June 30, 2020.(end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (31.10.2021) following its corporate declaration.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 30, 2021 at 11:00 AM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Query Response
In response to a DSE query dated July 29, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- (Repeat): (Q3 Un-audited): EPS was Tk. 0.02 for January-March 2021 as against Tk. 0.19 for January-March 2020; EPS was T
(Repeat): (Q3 Un-audited): EPS was Tk. 0.02 for January-March 2021 as against Tk. 0.19 for January-March 2020; EPS was Tk. 0.17 for July 2020-March 2021as against Tk. 0.96 for July 2019-March 2020. NOCFPS was Tk. (0.01) for July 2020-March 2021 as against Tk. 2.00 for July 2019-March 2020. NAV per share was Tk. 22.02 as on March 31, 2021 and Tk. 21.85 as on June 30, 2020. (cont.)
- Q3 Financials(Repeat)
(Continuation news of ACTIVEFINE): The Company also informed that EPS has been fall down due to decrease in profit from comparative quarter. As effect of COVID - 19 raw material costing and others overhead increase as a result profit decrease from comparative quarter. NOCFPS has been significant down in this quarter for increase of receivable from past. (end)
The first part of this announcement is missing from the archive. - (Q3 Un-audited): EPS was Tk. 0.02 for January-March 2021 as against Tk. 0.19 for January-March 2020; EPS was Tk. 0.17 fo
(Q3 Un-audited): EPS was Tk. 0.02 for January-March 2021 as against Tk. 0.19 for January-March 2020; EPS was Tk. 0.17 for July 2020-March 2021 as against Tk. 0.96 for July 2019-March 2020. NOCFPS was Tk. (0.01) for July 2020-March 2021 as against Tk. 2.00 for July 2019-March 2020. NAV per share was Tk. 22.02 as on March 31, 2021 and Tk. 21.85 as on June 30, 2020. (cont.)
- (Continuation news of ACTIVEFINE): The Company also informed that EPS has been fall down due to decrease in profit from
(Continuation news of ACTIVEFINE): The Company also informed that EPS has been fall down due to decrease in profit from comparative quarter. As effect of COVID - 19 raw material costing and others overhead increase as a result profit decrease from comparative quarter. NOCFPS has been significant down in this quarter for increase of receivable from past. (end)
The first part of this announcement is missing from the archive. - As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on June 8, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- The auditor of the Active Fine Chemicals Limited has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in
The auditor of the Active Fine Chemicals Limited has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 30 June 2020. "Basis for Qualified Opinion: i. Provision for current income tax and deferred tax required as per para 12 & 15 of IAS 12 has not been made except for other income, as disclosed in note # 20, based on gazette No- 26.00.0000.100.42.008.17-54 dated 14-05-2018 by Commerce Ministry(cont.1)
- (Continuation news of ACTIVEFINE): under the caption "National Active Pharmaceutical Ingredients (API) & Laboratory Reag
(Continuation news of ACTIVEFINE): under the caption "National Active Pharmaceutical Ingredients (API) & Laboratory Reagents Production and Export Policy" regarding tax exemption against which SRO from National Board of Revenue (NBR) is yet to be obtained. Moreover, the company has provided prior year excess tax Tk. 102,093,375 in the statement of changes in equity for the year ended June 30, 2019 which is not in line with para 4 of IAS 8, para 46, 80(b), (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): 80(h) of IAS 12 "Income Taxes". Further, purchase of fixed assets during the year has
(Continuation news of ACTIVEFINE): 80(h) of IAS 12 "Income Taxes". Further, purchase of fixed assets during the year has been made in cash violating section 30(m) of Income Tax Ordinance 1984. ii. As per notification no. SEC/CMRRCD/2009-193/120/Admin of Bangladesh Security Exchange Commission dated December 07, 2011, "The Sponsors/promoters and directors of any listed company shall hold jointly minimum 30% shares". (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): But the sponsors and directors of the Company hold only 12.04% shares which is violat
(Continuation news of ACTIVEFINE): But the sponsors and directors of the Company hold only 12.04% shares which is violation of the said notification. Emphasis of Matter: We draw attention to the note # 1.07(v), 2 and 22.01 to the financial statements regarding implementation of IFRS-16 for the first time, explanation of cash transactions and reason for non-transfer of Workers Profit Participation Fund (WPPF) to govt. exchequer. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): Our opinion is not modified in respect of these matters. NOTE: 22.01- The WPPF amount
(Continuation news of ACTIVEFINE): Our opinion is not modified in respect of these matters. NOTE: 22.01- The WPPF amount represents 5% of net profit before tax after charging the contribution as per provisions of the Companies Profit (Workers' Participation) Act-2006 and is payable to workers as defined in the said Act. (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): During the year AFCL was unable for paid/transferred above fund to WPPF Bank Account
(Continuation news of ACTIVEFINE): During the year AFCL was unable for paid/transferred above fund to WPPF Bank Account due to frozen Company's Bank Account by DCT and banking hour was limited in the period of lockdown for COVID-19. So the Company keep as liability as on 30 June 2020 which will be transferred immediately. (end)
The first part of this announcement is missing from the archive. - The Company has informed that the Board of Directors has approved the Audited Financial Statements of the Company for th
The Company has informed that the Board of Directors has approved the Audited Financial Statements of the Company for the year ended June 30, 2020 and some key financial indicators. The Company has also reported EPS of Tk. (0.23), NAV per share of Tk. 21.85 and NOCFPS of Tk. 2.39 for the year ended on June 30, 2020 as against Tk. 2.97, Tk. 22.28 and Tk. 4.01 respectively for the same period of the previous year. (Cont.)
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.12 for October-December 2020 as against Tk. 0.32 for October-December 2019; EPS was Tk. 0.15 for July-December 2020 as against Tk. 0.77 for July-December, 2019. NOCFPS was Tk. 0.86 for July-December 2020 as against Tk. 2.05 for July-December, 2019. NAV per share was Tk. 21.99 as on December 31, 2020 and Tk. 21.85 as on June 30, 2020.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.03 for July-September 2020 as against Tk. 0.45 for July-September 2019; NOCFPS was Tk. 0.08 for July-September 2020 as against Tk. 2.30 for July-September 2019. NAV per share was Tk. 21.88 as on September 30, 2020 and Tk. 21.85 as on June 30, 2020.
- Adoption of Audited Financial Statements and others
(Cont. of ACTIVEFINE): The company also informed that they shall immediately take necessary legal steps to obtain permission from the Honorable High Court Division of the Supreme Court of Bangladesh for holding the Annual General Meeting (AGM) for the year 2020. AGM and other related information including dividends, if any, shall be disclosed/published before holding of AGM for the year 2020.(end)
The first part of this announcement is missing from the archive. - Reschedule of Board Meeting under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has further informed that the meeting of the Board of Directors will be held on March 31, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on March 31, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020, Second Quarter (Q2) period ended on December 31, 2020.
- In response to a DSE query dated January 06, 2021, the Company has informed that there is no undisclosed price sensitive
In response to a DSE query dated January 06, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.