Emerald Oil Industries Limited announcements
208 Dhaka Stock Exchange announcements for Emerald Oil Industries Limited (EMERALDOIL) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (6).
- Regarding request to reconstitute the Board by substitution
The Commission does hereby nominate Mr. Md. Safiqul Islam (Former Additional Secretary) as independent Director in lieu of Mr. Mohammad Shahidul Haque (Former Senior Secretary) of the reconstituted Board of the Company. The Board of Directors of the Company is also advised to select Mr. Md. Safiqul Islam as the Chairman of the Board.
- Regarding Commercial Operationof the Company
(Continuation news of EMERALDOIL): Thus, the Company require more time to resolve the aforesaid issues. In this situation, the Board of Directors has decided that the Company is not in a position to go into full-fledged commercial operation from 1st September, 2021. However, the Company will notify the production date after solving the aforesaid issues. (end)
The first part of this announcement is missing from the archive. - Regarding Commercial Operation of the Company
Referred to the earlier news disseminated on 12.07.2021 regarding decision to start its commercial operation, the Company has further informed that due to strict lockdown all offices were closed from 23 July, 2021 to 10 August, 2021. As a result, the Company could not renew/obtain most of the required licenses till to date. Accordingly, rescheduling of Bank/NBFIs liabilities and share transfer activities of the Company are also delaying due to that reason. (Cont.)
- Decision to start its commercial operation
The Company has informed that the board has decided to go into full-fledged commercial production from 1st September, 2021 with an input capacity of 330 MT rice bran per day, and daily output capacity of 48 MT rice bran oil and 282 MT DORB.
- Appointment of the Managing Director
The Company has informed that Md. Afzal Hossain, Director of Minori Bangladesh Ltd. has been appointed as the Managing Director of the Company.
- Appointment of Independent Directors
(Cont. of EMERALDOIL): 5. Dr. Santus Kumar Deb, (Associate Professor of Marketing, DU, in accordance with condition under 2 of the commission�s Notification dated September 01, 2020. Mr. Mohammad Shahidul Haque, Ex, Senior Secretary is proposed to be selected as the chairman of the Board of Directors of the company.
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.