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 2021 (24).
- Resumption after record date
Trading of the shares of the Company will resume on 21.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- 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 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- (Q1 Un-audited): Consolidated EPS was Tk. 4.29 for July-September 2021 as against Tk. 1.42 for July-September 2020; Cons
(Q1 Un-audited): Consolidated EPS was Tk. 4.29 for July-September 2021 as against Tk. 1.42 for July-September 2020; Consolidated NOCFPS was Tk. 2.72 for July-September 2021 as against Tk. 15.76 for July-September 2020. Consolidated NAV per share was Tk. 132.53 as on September 30, 2021 and Tk. 127.56 as on June 30, 2021. (cont.)
- Q1 Financials
(Continuation news of BSRMLTD): The Company also informed that finance cost has been reduced significantly during this period compared to earlier year's same period due to low interest rate, settlement of term loans and Government supportive packages. Income of associates has also been increased due to same reason as stated. As a result, Net profit and EPS has increased by 280.81% and 201.08% respectively for current quarter. (end)
The first part of this announcement is missing from the archive. - Conference on unaudited quarterly financial statements
The Company has informed that the Board of Directors of the Company has decided to call a web based conference on financial performance for the first quarter ended on September 30, 2021 as per following schedule - Date: November 16, 2021, Time: 4:30 PM, Venue: Digital Platform, Joining Link: https://bit.ly/3c3Ybxm, Passcode: bsrm@52.
- 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 11, 2021 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Credit Rating Information and Services Limited (CRISL) has rated the Company as \"AA+\" in the long term and \"ST-2\" in
Credit Rating Information and Services Limited (CRISL) has rated the Company as \"AA+\" in the long term and \"ST-2\" in the short term along with a stable outlook based on audited financial statements of the Company up to June 30, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- The Board of Directors has recommended 40\% final cash dividend (total 50\% cash dividend for the financial year 2020-20
The Board of Directors has recommended 40\% final cash dividend (total 50\% cash dividend for the financial year 2020-2021 inclusive 10\% interim cash dividend, which has already been paid) for the year ended on June 30, 2021. Date of AGM: 23.12.2021, Time: 12:00 Noon, Venue: Digital Platform. Record Date: 18.11.2021. (cont.)
- The Company has further informed that the reasons for significant variation: i) During the year under audit, the sales i
The Company has further informed that the reasons for significant variation: i) During the year under audit, the sales in terms of quantity has increased by 18\% and selling price is also increased. The company also sold 42,131 M. Ton MS billets from its melting plants. ii) Net finance cost declined during the year, as government took some industry supportive measures like stimulus loan, reduction in interest rate etc. (cont. 1)
- (Continuation news of BSRMLTD): iii) Bangladesh Steel Re-Rolling Mills Limited, its subsidiary company-BSRM Steels Limit
(Continuation news of BSRMLTD): iii) Bangladesh Steel Re-Rolling Mills Limited, its subsidiary company-BSRM Steels Limited earned significant profit in this year. As a result, share of profit from associate has been increased significantly. iv) During the year, a billet producing company - BSRM Steel Mills Limited has been merged with Bangladesh Steel Re-Rolling Mills Limited. (cont. 2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of BSRMLTD): The Company has also reported Consolidated EPS of Tk. 18.96, Consolidated NAV per share of Tk. 127.56 and Consolidated NOCFPS of Tk. 29.28 for the year ended on June 30, 2021 as against Tk. 3.90, Tk. 99.89 and Tk. 24.05 respectively for the same period of the previous year. (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 (24.10.2021) following its corporate declaration.
- Dividend Declaration (Additional Information)
(Continuation news of BSRMLTD): As a result, the company is getting its basic raw materials - MS billet at cost. Resultantly, the profit margin of the company has been increased. (end)
The first part of this announcement is missing from the archive. - 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 23, 2021 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- (Q3 Un-audited): Consolidated EPS was Tk. 6.26 for January-March 2021 as against Tk. 1.61 for January-March 2020; Consol
(Q3 Un-audited): Consolidated EPS was Tk. 6.26 for January-March 2021 as against Tk. 1.61 for January-March 2020; Consolidated EPS was Tk. 10.93 for July 2020-March 2021 as against Tk. 3.14 for July 2019-March 2020. Consolidated NOCFPS was Tk. 31.82 for July 2020-March 2021 as against Tk. 50.03 for July 2019-March 2020. Consolidated NAV per share was Tk. 119.38 as on March 31, 2021 and Tk. 99.89 as on June 30, 2020.
- (Continuation news of BSRMLTD): The Company also informed that EPS increase due to financial cost has been reduced signi
(Continuation news of BSRMLTD): The Company also informed that EPS increase due to financial cost has been reduced significantly during this period compare to earlier year's same period to low interest rate, settlement of term loans and Government supportive packages. Income from Associates has also been increased due to same reason as stated. NOCFPS decrease due to trade payable has been paid off in this quarter. (end)
The first part of this announcement is missing from the archive. - The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of th
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on June 15, 2021 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Postponement of Board Meeting schedule under LR 16(1)
The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on May 20 2021 at 5:00 PM as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021, has been postponed until further notice.
- 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 20 2021 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Interim Dividend Disbursement
The Company has informed that it has disbursed Interim Cash Dividend based on 6 months un-audited Financial Statements for the period ended on December 31, 2020 to the respective shareholders' Bank Accounts through BEFTN System.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 28.02.2021 for entitlement of interim dividend.
- Spot for Interim dividend entitlement
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 24.02.2021 to 25.02.2021. Trading of the shares of the Company will remain suspended on record date i.e., 28.02.2021 for entitlement of interim dividend.
- Merger with BSRM Steel Mills Limited (non-listed) Company
(Continuation news of BSRMLTD): with its subsidiary BSRM Steel Mills Limited (Transferor Company) with effect from February 01,2021 pursuant to the judgement and order passed on 15th December 2020 by the Honorable High Court division of Supreme Court of Bangladesh in the Company Matter No. 225 of 2019. (end)
The first part of this announcement is missing from the archive.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.