Baraka Power Limited announcements
202 Dhaka Stock Exchange announcements for Baraka Power Limited (BARKAPOWER) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (34).
- The Company will be placed in \'B\' category from existing \'A\' category with effect from December 27, 2023 as the Comp
The Company will be placed in \'B\' category from existing \'A\' category with effect from December 27, 2023 as the Company has approved 5\% Cash Dividend for the year ended June 30, 2023.
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance Rating of the Company as \"AA1\" in the
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance Rating of the Company as \"AA1\" in the long term and \"ST-2\" in the short term along with stable outlook based on audited financial statements up to June 30, 2023; bank liability as on October 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the company will resume on 21.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 20.11.2023.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.22 for July-September 2023 as against Tk. (0.94) for July-September 2022; Co
(Q1 Un-audited): Consolidated EPS was Tk. 0.22 for July-September 2023 as against Tk. (0.94) for July-September 2022; Consolidated NOCFPS was Tk. 1.70 for July-September 2023 as against Tk. 0.14 for July-September 2022. Consolidated NAV per share was Tk. 22.21 as on September 30, 2023 and Tk. 21.99 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)
- The auditor of the company has given the \"Material uncertainty related to Going Concern, Emphasis of Matter & Other Mat
The auditor of the company has given the \"Material uncertainty related to Going Concern, Emphasis of Matter & Other Matter\" paragraph in the Auditor\'s Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/Material\%20Uncertainty,\%20Emphasis\%20of\%20Matter\%20&\%20Other\%20Matter\%20of\%20Baraka\%20Power\%20Ltd.\%20for\%20the\%20year\%20ended\%20on\%2030\%20June\%202023.pdf
- Q1 Financials
(Cont. news of BARKAPOWER): EPS has been increased due to increase of power supply demand of its own and decrease of exchange loss in foreign currency transactions in associate companies. NOCFPS has been increased due to increase of collection from customers during the period. (end)
The first part of this announcement is missing from the archive. - Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 16.11.2023 to 19.11.2023 and trading of the shares will remain suspended on record date i.e., 20.11.2023.
- The company has requested the Shareholders of the Company to update their 12 digit e-TIN number, Bank Account details in
The company has requested the Shareholders of the Company to update their 12 digit e-TIN number, Bank Account details including Routing number, Address, Mobile number and E-mail address in the respective BO Account(s) through their respective Brokerage Houses/DPs before the record date (20.11.2023). The concerned Brokerage Houses/DPs are requested to provide the details list (including shareholder\'s name, BO ID, e-mail address, shareholding position, gross dividend receivable, (cont.)
- Update of Information
(Cont. news of BARKAPOWER): applicable tax rate and net dividend receivable) of their margin loan holders who hold Company's share on the Record Date along with Bank Account Number, Bank and Branch Name, Routing Number, Contact Person details of the Brokerage House/DP to the Company's address: 6/A/1, Segunbagicha, Dhaka-1000 followed by soft copy of the same in the Company's E-mail address: [email protected] on or before December 24, 2023. (end)
The first part of this announcement is missing from the archive. - 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 14, 2023 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The Board of Directors has recommended 5\% Cash dividend for the year ended June 30, 2023. Date of AGM: 24.12.2023, Time
The Board of Directors has recommended 5\% Cash dividend for the year ended June 30, 2023. Date of AGM: 24.12.2023, Time: 03:30 PM, Venue: Digital Platform, Record Date: 20.11.2023. The company has also reported Consolidated EPS of Tk. 0.56, Consolidated NAV per share of Tk. 21.99 and Consolidated NOCFPS of Tk. (0.11) for the year ended June 30, 2023 as against Tk. 2.13, Tk. 22.43 and Tk. (0.59) respectively for the year ended June 30, 2022. Reasons for deviation in EPS and NOCFPS: (cont.)
- Dividend Declaration
(Continuation of BARKAPOWER): Consolidated EPS has decreased due to significant increase of exchange loss in foreign currency transactions for Procurement of HFO, Spare Parts and others from foreign source having unfavorable volatility or Currency fluctuations in Associates Companies and decrease of power supply demand of its own. Consolidated NOCFPS has increased during the period over earlier period due to decrease in income tax payment and financial expenses during the period. (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 (29.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- 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 26, 2023 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- (Q3 Un-audited): Consolidated EPS was Tk. 0.66 for January-March 2023 as against Tk. 0.84 for January-March 2022; Consol
(Q3 Un-audited): Consolidated EPS was Tk. 0.66 for January-March 2023 as against Tk. 0.84 for January-March 2022; Consolidated EPS was Tk. 0.27 for July 2022-March 2023 as against Tk. 2.53 for July 2021-March 2022. Consolidated NOCFPS was Tk. 1.21 for July 2022-March 2023 as against Tk. (1.12) for July 2021-March 2022. Consolidated NAV per share was Tk. 21.71 as on March 31, 2023 and Tk. 22.43 as on June 30, 2022. Reasons for deviation in EPS and NOCFPS: (cont.)
- Sale Confirmation of a Corporate Director
The company has informed that Karnaphuli Harbour Limited, one of the Corporate Directors of the Company, has completed its sale of 10,45,958 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange Limited (DSE) as per declaration disseminated on 03.04.2023.
- Sale and Buy Confirmations of Declared Shares
The company has informed that Mr. Md. Ahsanul Kabir has completed sales of his entire holding of 47,12,948 shares of the company at prevailing market price (in the Block Market) whereas NRB Ventures (Pvt.) Limited and Fusion Holdings (Pvt) Limited have completed their buying of 40,29,244 shares and 1,02,87,992 shares respectively at prevailing market price (in the Block Market) through Dhaka Stock Exchange Limited as per declaration disseminated on 03.04.2023.
- Q3 Financials
(Continuation news of BARAKAPOWER): Consolidated EPS has decreased at the end of the period due to significant increase of exchange loss in foreign currency transactions incurred in Associates Companies and decrease of power supply demand of its own. Consolidated NOCFPS has increased during the period over earlier period due to increase in collection from customer & other sources whereas relatively decrease in income tax payment & financial expenses during the period. (end)
The first part of this announcement is missing from the archive. - Sale Confirmations of Declared Shares
The company has informed that Mr. Faisal Ahmed Chowdhury and Mr. Nanu Kazi Mohammed Miah have completed sales of their entire holding of 48,94,122 shares and 47,10,166 shares of the company respectively at prevailing market price (in the Block Market) through Dhaka Stock Exchange Limited as per declaration disseminated on 03.04.2023.
- 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 April 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Mr. Md. Ahsanul Kabir, Mr. Faisal Ahmed Chowdhury and Mr. Nanu Kazi Mohammed Miah, who are directors of the company, hav
Mr. Md. Ahsanul Kabir, Mr. Faisal Ahmed Chowdhury and Mr. Nanu Kazi Mohammed Miah, who are directors of the company, have expressed their intention to sell their entire holding of 47,12,948 shares, 48,94,122 shares and 47,10,166 shares of the company respectively at prevailing market price (in the Block Market) whereas NRB Ventures (Pvt.) Limited and Fusion Holdings (Pvt) Limited, both are the Corporate Directors of the company, (cont.)
- Sale and Buy Declarations of Directors
(Continuation news of BARKAPOWER): have expressed their intention to buy 40,29,244 shares and 1,02,87,992 shares respectively at prevailing market price (in the Block Market) through Dhaka Stock Exchange Limited within next 30 working days. (end)
The first part of this announcement is missing from the archive. - Sale declaration of a Corporate Director
Karnaphuli Harbour Limited, one of the Corporate Directors of the Company, has expressed its intention to sell 10,45,958 shares out of its total holding of 62,69,451 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange Limited (DSE) within next 30 working days.
- Election of Chairman and Vice Chairman
The company has informed that the Board of Directors has elected Mr. Faisal Ahmed Chowdhury as Chairman and Mr. Md. Ahsanul Kabir as Vice Chairman of the company with effect from March 20, 2023.
- Retirement and Appointment of Directors
The company has informed that Mr. Abdul Bari has retired from the Board of Directors of the company with effect from March 20, 2023. Subsequently, Mr. Faisal Ahmed Chowdhury, Mr. Nanu Kazi Mohammed Miah representing NRB Ventures (Pvt.) Limited and Mr. Md. Ahsanul Kabir representing Fusion Holdings (Pvt.) Limited have been appointed as Nominated Directors in the Board of Directors of the company with effect from March 20, 2023.
- Sale and Buy Confirmations of Directors
The company has informed that Abdul Bari, one of the Directors of the Company, has completed his sale of 47,14,138 shares of the Company whereas NRB Ventures (Pvt.) Limited and Fusion Holdings (Pvt) Limited, both the Corporate Directors of the company, have completed their buying of 20,45,579 shares and 26,68,559 shares respectively at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 06.02.2023.
- Buy Confirmation of a Director
Dhiman Kumar Chowdhury, one of the Independent Directors of the company, has further informed that he has completed his buying of 20,000 shares of the company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 01.03.2023.
- Buy Declaration of Director
Dhiman Kumar Chowdhury, one of the Independent Directors of the Company, has expressed his intention to buy 20,000 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange Limited within next 30 working days.
- Sale and Buy Declarations of Directors
Abdul Bari, one of the Directors of the Company, has expressed his intention to sell 47,14,138 shares (in the Block Market) whereas NRB Ventures (Pvt.) Limited and Fusion Holdings (Pvt) Limited, both the Corporate Directors of the company, have expressed their intention to buy 20,45,579 shares and 26,68,559 shares respectively at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.56 for October-December 2022 as against Tk. 0.78 for October-December 2021;
(Q2 Un-audited): Consolidated EPS was Tk. 0.56 for October-December 2022 as against Tk. 0.78 for October-December 2021; Consolidated EPS was Tk. (0.38) for July-December 2022 as against Tk. 1.69 for July-December 2021. Consolidated NOCFPS was Tk. 0.75 for July-December 2022 as against Tk. (0.54) for July-December 2021. Consolidated NAV per share was Tk. 21.05 as on December 31, 2022 and Tk. 22.43 as on June 30, 2022. Reasons for deviation in EPS, NAVPS and NOCFPS: (cont.)
- Q2 Financials
(Continuation news of BARKAPOWER): Consolidated EPS and Consolidated NAVPS have decreased due to significant increase of exchange loss in foreign currency transactions incurred in Associates Companies and decrease of power supply demand of its own. Consolidated NOCFPS has increased due to increase in collection from customer and other sources whereas relatively decrease in income tax payment and financial expenses. (end)
The first part of this announcement is missing from the archive. - 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 January 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.