CVO Petrochemical Refinery PLC. announcements
328 Dhaka Stock Exchange announcements for CVO Petrochemical Refinery PLC. (CVOPRL) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2026 (18).
- Dividend Declaration
The Board of Directors has recommended 15% Cash Dividend for the year ended 30-Jun-2026. Date of AGM: 14-Dec-2026, Time: 11:00 AM, AGM Mode: Hybrid Platform, AGM Venue: The King of Chittagong, Panchlaish, Chittagong. Record Date: 17-Nov-2026. The Company has also reported EPS of Tk. 4.93, NAV per share of Tk. 31.75 and NOCFPS of Tk. 4.52 for the year ended 30-Jun-2026 as against EPS of Tk. 3.50 (Restated), NAV per share of Tk. 27.79 and NOCFPS of Tk. 7.01 for the year ended 30-Jun-2025.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (25.10.2026) 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 24, 2026 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2026.
- Regular Operational activities to start from 1st October, 2026
Referring to their earlier news disseminated by DSE on 07.09.2026 regarding temporary shutdown of factory for emergency maintenance, the company has further informed that they have successfully completed the emergency maintenance work on 30th September, 2026. Therefore, their regular Operational activities are going to start from 1st October, 2026.
- Temporary Shutdown of Factory for Emergency Maintenance
The company has informed that the factory of the company will remain temporarily shut down from September 7, 2026 to September 30, 2026, due to emergency maintenance due to unavoidable operational circumstances. After carefully considering the prevailing operational conditions, the Management of the Company has determined that the temporary shutdown is necessary to ensure operational efficiency (cont.1) (Cont. news of CVOPRL): further decision of the Board and/or Management. The Company is taking all necessary measures to address the prevailing operational circumstances and resume factory operations at the earliest possible time. (end) (Cont. news of CVOPRL): and the sustainable continuation of the Company's business activities. In this connection, the Board of Directors of the company at its 139th Board Meeting held on September 6, 2026, at 3:30 p.m. at the Company's Registered and Corporate Office located at 37, Katalganj, Panchlaish, Chattogram, decided that the factory would remain temporarily shut down for emergency maintenance until (cont.2)
- Restart of Commercial Operations
Referring to their earlier news disseminated by DSE on 27.04.2026, the company has further informed that they have purchased their raw material Naphtha from Eastern Refinery PLC on 20-05-2026. Their commercial operations will restart from 23-05-2026.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 1.12 for January-March 2026 as against Tk. 0.63 for January-March 2025; EPS was Tk. 5.08 for July 2025-March 2026 as against Tk. 2.35 for July 2024-March 2025. NOCFPS was Tk. 9.13 for July 2025-March 2026 as against Tk. 7.05 for July 2024-March 2025. NAV per share was Tk. 31.90 as on March 31, 2026 and Tk. 27.79 as on June 30, 2025. (cont.) (Cont. News of CVOPRL): Reasons for deviation: Earnings per Share (EPS) has increased as a result of higher turnover and lower raw material costs. Net Operating Cash Flows per Share (NOCFPS) has been increased during the period due to improve cash collection from customers exceeding payments to Suppliers and operating expenses. (end)
- Clarification on the news published in the online newspaper
In response to a DSE query dated April 23, 2026 regarding news published in the online newspaper titled "Closure of solvent production in CVO" (translated from Bengali to English), the company has submitted the clarification vide its letter dated April 26, 2026, which was received by DSE on April 27, 2026. To view the letter, please visit the following link: https://www.dsebd.org/Annexure/Clarification%20on%20recent%20news%20published_27042026.pdf
- 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 27, 2026 at 3:30 pm to consider, among others, Un-Audited Financial Statements for the Third Quarter (Q3) period ended March 31, 2026.
- Completion of transmission of shares from legal Guardian to Successor
The company has further informed that 6,81,046 shares (initial shares 5,56,875 & bonus shares 1,24,171) of the Company, have been transmitted from the BO account of the legal guardian, Sponsor Director A.H.M. Habib Ullah, to the BO account of Adiba Maha Noor Meheka as per the news disseminated by DSE on February 10, 2026.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned Surveillance rating of the Company as "BBB1" in the long term and "ST-3" in the short term along with Stable outlook based on audited financial statements up to June 30, 2025; bank liability position as on December 22, 2025 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Transmission of shares from the legal Guardian to the Successor
Referring to the news disseminated by DSE on April 24, 2017 regarding the transmission of shares of a deceased Sponsor among his successors, the Company informed that 6,18,751 shares were transferred to A.H.M. Habib Ullah (Sponsor Director) including 5,56,875 shares belonging to Adiba Maha Noor Meheka, the minor daughter of late Sponsor Md. Mahmudul Haq Mobin, for whom A.H.M. Habib Ullah was appointed as the legal guardian. (cont.) (Cont. news of CVOPRL): The Company has further informed that Adiba Maha Noor Meheka, daughter of late Sponsor Md. Mahmudul Haq Mobin, is now above 26 years of age and has expressed her intention to receive her shares from the legal guardian into her own BO account. Accordingly, 6,81,046 shares (initial shares 5,56,875 & bonus shares 1,24,171) of the Company, will be transmitted from the BO account of the legal guardian, Sponsor Director A.H.M. Habib Ullah, to the BO account of Adiba Maha Noor Meheka.(end)
- Completion of transmission of shares of deceased Sponsor Director
The company has further informed that 13,19,049 shares of the company, held by Late Md. Amin, a Sponsor Director of the company, have been transmitted to the BO account of his nominee, Mrs. Saira Begum Baby (wife of Late Md. Amin), by way of nomination, as per the news disseminated by DSE on January 25, 2026.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 2.23 for October-December 2025 as against Adjusted EPS was Tk. 0.88 for October-December 2024; EPS was Tk. 3.96 for July-December 2025 as against Adjusted EPS was Tk. 1.72 for July-December 2024. NOCFPS was Tk. 2.74 for July-December 2025 as against Tk. 1.83 for July-December 2024. NAV per share was Tk. 30.78 as on December 31, 2025 and Tk. 27.79 as on June 30, 2025. Reasons for significant deviations: (cont.) (Cont. News of CVOPRL): The increase in turnover and the decrease in raw material costs, contributed to an increase in EPS. NOCFPS has been increased during the period due to improved cash collections from customers exceeding payments to suppliers and operating expenses. NAV per share increased compared to the same period of the previous year due to the revaluation of the Company's land as at 30 June 2025. (end)
- Transmission of deceased Sponsor Director's shares to nominee
The Company has informed that Md. Amin, one of the Sponsor Directors of the company passed away on 29.09.2024. His holding of 13,19,049 shares (out of his total holding of 14,37,763 shares) of the company will be transmitted to the account of his nominee Mrs. Saira Begum Baby (wife of Late Md. Amin) by way of nomination.
- 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 26, 2026 at 3:30 PM to consider, among others, Un-Audited Financial Statements for the Second Quarter (Q2) period ended December 31, 2025.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2025 to the respective shareholders.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares for the year ended June 30, 2025 to the respective shareholders' BO Accounts.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.