Desh Garments Limited announcements
274 Dhaka Stock Exchange announcements for Desh Garments Limited (DSHGARME) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (27).
- Spot for entitlement of 10% Stock Dividend
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 01.01.2023 to 02.01.2023. Trading of the shares of the Company will remain suspended on record date i.e., 03.01.2023.
- BSEC Consent and Record date for entitlement of 10% Stock Dividend
The Company has further informed that BSEC has accorded consent for issuance of 10% Stock Dividend for the year ended June 30, 2022. The Company has also informed that the Board of Directors has fixed the Record date on 03.01.2023 for entitlement of the aforesaid Bonus Shares.
- Resumption after record date
Trading of the shares of the Company will resume on 23.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2022.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.13 for July-September, 2022 as against Tk. 0.26 for July-September, 2021. NOCFPS was Tk. 5.13 for July-September, 2022 as against Tk. 1.88 for July-September, 2021. NAV per share was Tk. 19.56 as on September 30, 2022 and Tk. 19.45 as on June 30, 2022. EPS has been decreased in comparison to same period of the previous year due to increased operating expenses. NOCFPS has been increased due to increase of Turn over.
- 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 from 20.11.2022 to 21.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2022.
- The auditor of the Desh Garments Ltd. has given the \"Qualified Opinion\" & \"Emphasis of Matters\" paragraphs in the Au
The auditor of the Desh Garments Ltd. has given the \"Qualified Opinion\" & \"Emphasis of Matters\" paragraphs in the Auditor\'s Report for the year ended 30 June 2022. Basis for Qualified Opinion: Basis for Qualified Opinion: 1. Reference to Note # 41, Provision for Workers Profit Participation Fund (WPPF) and welfare fund: As per section 234 (b) of the Bangladesh Labour Act 2006 and as amended, every company shall pay to the Workers Participation Fund, (cont.1)
- (Continuation news of DSHGARME): Welfare Fund and Bangladesh Workers\' Welfare Foundation Fund five percent of its net p
(Continuation news of DSHGARME): Welfare Fund and Bangladesh Workers\' Welfare Foundation Fund five percent of its net profit during such year in the ratio of 80:10:10. However, Desh Garments Limited did not contribute any fund to the Bangladesh Workers\' Welfare Foundation Fund, a non-compliance of the aforesaid section. Furthermore, we were not provided with relevant supporting documents regarding the payment of Workers profit participation fund. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of DSHGARME): 2. Reference to Note # 28, Cash and Bank Balances: We were not provided with Bank state
(Continuation news of DSHGARME): 2. Reference to Note # 28, Cash and Bank Balances: We were not provided with Bank statement of Eastern Bank Limited (Tk. 6,780), National Bank Limited (Tk. 435), so we couldn\'t confirm the balance of Cash at Bank. 3. Reference to Note # 37, Directors Loan (Unsecured): There is frequent transaction (receipts and payments) regarding Directors Loan during this year. However, we were not provided with supporting documents except ledger and bank statement. (cont.3)
The first part of this announcement is missing from the archive. - Qualified Opinion & Emphasis of Matters
(Continuation news of DSHGARME): Emphasis of Matters: Our opinion is not modified in respect of this event or matter. 1.Reference to Note # 40, Undistributed Dividend Payable to Sponsor Directors: An amount of Tk. 8,559,855 for unpaid dividend payable to Sponsor has been carrying forward since 1989-1990. (end)
The first part of this announcement is missing from the archive. - Reschedule of Board Meeting schedule under LR 16(1)
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 be held on November 17, 2022 at 3:00 PM instead of November 14, 2022 at 3.30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- 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, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- The Board of Directors has recommended 10\% stock dividend to all Shareholders of the Company for the year ended June 30
The Board of Directors has recommended 10\% stock dividend to all Shareholders of the Company for the year ended June 30, 2022. Date of AGM: 26.12.2022, Time: 11:30 AM, Venue: Digital Platform. Record date to attend AGM: 22.11.2022. The stock dividend shall be subject to approval of the BSEC. Another record date for entitlement of Stock Dividend will be notified later after getting approval from BSEC (cont.1)
- (Continuation news of DSHGARME): The Company has also reported EPS of Tk. 0.05, NAV per share of Tk. 19.45 and NOCFPS of
(Continuation news of DSHGARME): The Company has also reported EPS of Tk. 0.05, NAV per share of Tk. 19.45 and NOCFPS of Tk. (12.41) for the year ended June 30, 2022 as against Tk. 0.40, Tk. 19.70 and Tk. (0.39) respectively for the same period of the previous year. Reasons for Stock Dividend: a) Stock Dividend has been recommended from retained earnings. (cont.2)
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 (31.10.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of DSHGARME): b) Stock dividend has not been recommended from capital reserve or revaluation reserve. c) Stock dividend has been declared for increasing paid up capital. (end)
The first part of this announcement is missing from the archive. - Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on October 30, 2022 at 3:00 PM instead of October 26, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- 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, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Q3 Financials (Additional Information)
(Q3 Un-audited): The Company further informed that EPS increased due to 112% increase in sales compared to the respective quarter of last year.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.34 for January-March 2022 as against Tk. 0.20 for January-March 2021; EPS was Tk. 0.88 for July 2021-March 2022 as against Tk. (0.26) for July 2020-March 2021. NOCFPS was Tk. (0.79) for July 2021-March 2022 as against Tk. (1.19) for July 2020-March 2021. NAV per share was Tk. 20.25 as on March 31, 2022 and Tk. 19.70 as on June 30, 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 April 25, 2022 at 2:15 PM to consider, among others, un-audited financial statements of the company for the Third Quarter (Q3) period ended March 31, 2022.
- Sale Confirmation of a Sponsor Director
Mrs. Rokeya Quader, one of the Sponsor Directors of the company, has further informed that she has completed her sale of 64,061 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 19.01.2022.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.28 for October-December 2021 as against Tk. 0.27 for October-December 2020; EPS was Tk. 0.54 for July-December 2021 as against Tk. (0.46) for July-December 2020. NOCFPS was Tk. (0.98) for July-December 2021 as against Tk. 0.60 for July-December 2020. NAV per share was Tk. 19.98 as on December 31, 2021 and Tk. 19.70 as on June 30, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- 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 29, 2022 at 2:15 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
- Sale Declaration of a Sponsor Director
Mrs. Rokeya Quader, one of the Sponsor Directors of the company, has expressed her intention to sell 64,061 shares out of her holding 6,12,895 shares of the Company at prevailing market price (in the Public Market) through Dhaka Stock Exchange within next 30 working days.
- Sale Confirmation of a Director
Miss Vidiya Amrit Khan, one of the Directors of the company, has further reported that she has completed her sale of 1,66,505 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 14.12.2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.