Bangladesh Steel Re-Rolling Mills Limited announcements
182 Dhaka Stock Exchange announcements for Bangladesh Steel Re-Rolling Mills Limited (BSRMLTD) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (19).
- Floor Purchase
The Company has informed that the Board of Directors has decided to purchase a floor space of 5,972 sft. at 5th floor, Atlanta Center, Rajuk Plot No:1, Road No: 1/A, Sector 4, Uttara, Dhaka for "Dhaka Corporate Office" at a cost of approximately Tk.10.75 crore.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.74 for July-September, 2016 as against Tk. 0.78 for July-September, 2015; NOCFPS was Tk. (26.95) for July-September, 2016 as against Tk. (6.41) for July-September, 2015. NAV per share was Tk. 53.60 as of September 30, 2016 and Tk. 52.84 as of June 30, 2016.
- 6 Months Audited
The Company has informed that the Board of Directors has approved the six months audited accounts (Jan-June 2016) of the Company: EPS for 6 months period was Tk. 3.02 for January-June, 2016 as against Tk. 0.95 for January-June, 2015; NOCFPS was Tk. (3.53) for January-June, 2016 as against Tk. 4.91 for January-June, 2015. NAV per share was Tk. 52.84 as of June 30, 2016 and Tk. 55.28 as of December 31, 2015.
- Board Meeting
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 06, 2016 at 5:00 PM to consider, among others, audited financial statements of the Company for the six months period (January-June, 2016) ended on June 30, 2016.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA- " in the long term and "ST-3 " in the short term along with stable outlook in consideration of its audited financials up to December 31, 2015, unaudited financial up to June 30, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Starting of Commercial Production of an Associated Company
The Company has informed that the Board of Directors of the Company has confirmed starting of Commercial Production of its Associated Company  BSRM Steel Mills Limited (holding 44.97% of shares) with effect from June 16, 2016. This plant is producing MS Billets with annual capacity of 8,62,000 M.Ton. No financial projection has been made on the basis of present production performance of BSRM Steel Mills Limited.
- Confirmation of sale by a Corporate Sponsor
H. Akberali & Co Limited, one of the Corporate Sponsors of the Company, has further informed that it has completed its sale of 26,27,011 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q1
EPS was Tk. 2.52 for January-March, 2016 as against Tk. 0.16 for January-March, 2015. NOCFPS was Tk. 12.08 for January-March, 2016 as against Tk. 4.12 for January-March, 2015. NAV per share was Tk. 52.33 as of March 31, 2016 and Tk. 55.28 as of March 31, 2015.
- 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 May 08, 2016 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares to the respective shareholders' BO Accounts and cash dividend to the respective shareholders' Bank Accounts for the year ended on December 31, 2015.
- Declaration of sale
H. Akberali & Co Limited, one of the Corporate Sponsors of the Company, has expressed its intention to sell 26,27,011 shares (Bonus shares) out of its total holding of 2,88,97,127 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Resumption after Record date
Normal trading of the shares of the Company will resume on 06.03.2016 after record date
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 03.03.2016.
- Enquiry Committee formation by BSEC
Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate on unusual price increase in shares of Bangladesh Steel Re-Rolling Mills Limited in the Stock Exchanges.
- Query Response
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Spot for AGM
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 01.03.2016 to 02.03.2016. Trading of the shares of the Company will remain suspended on record date i.e., 03.03.2016.
- Dividend Declaration
The Board of Directors has recommended 5% cash and 10% stock dividend for the year ended on December 31, 2015. Date of AGM: 30.03.2016, Time: 12:30 PM, Venue: The Institution of Engineers Bangladesh, Chittagong Center, S.S. Khaled Road, Chittagong. Record Date: 03.03.2016. The Company has also reported Net Profit of Tk. 827.67 million, Basic EPS of Tk. 4.78 and Diluted EPS of Tk. 4.75, NAV per share of Tk. 55.28 and NOCFPS of Tk. (10.16) for the year ended on December 31, 2015 as against Tk. 109.09 million, Tk. 0.70, Tk. 0.68, Tk. 54.10 and Tk. (5.43) respectively for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.02.2016) 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 February 10, 2016 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.