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 2024 (16).
- Query Response
In response to the DSE query dated December 01, 2024, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
- Closure of production of the company
Referring to their earlier news disseminated by DSE on 21.11.2024 regarding closure of operational activities, the company, in response to a subsequent query dated November 27, 2024 from DSE, has informed, among others, as follows: "...we are inform you that due to insufficient gas supply in factory our production has been stopping since 1st January 2024 to till date. Though our production is stop, our factory did not close for a day..."
- Category Change
The Company will be placed in 'Z' category from existing 'A' category with effect from December 03, 2024 as the company is not in production continuously for a period of minimum 6 (six) months according to provision 1(c) of BSEC Directive No. BSEC/CMRRCD/2009-193/77 dated May 20, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of Emerald Oil Industries Ltd. with effect from December 03, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Closure of operational activities of the company
Dhaka Stock Exchange PLC. has sent a query to the company dated November 19, 2024 asking a clarification regarding news published in the newspaper about operational activities of the company. Subsequently, the company has informed that operational activities is currently stopped due to insufficient gas supply in factory. In the meantime, the company has imported a 12 M.T. Capacity, 17.50 high pressure Husk Boiler to continue their production in full swing. (cont.) (Cont. News of EMERALDOIL): The company will come back in production after completing the installation of Husk Boiler in factory very soon. On the other hand, though the company's production is currently stopped, they did not retrenchment any employee from their company. (end)
- Interim Dividend Disbursement
The Company has informed that it has disbursed the Interim Cash Dividend for the period ended March 31, 2023 to the respective shareholders.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- Category Change
The Company will be placed in 'A' category from existing 'B' category with effect from May 02, 2024 as the Company has reported disbursement of 10% Cash Dividend (including 5% Interim Cash Dividend) for the year ended June 30, 2023.
- Sale confirmation of a Corporate Director
Minori Bangladesh Ltd., a Corporate Director of the Company, has further informed that it has completed its sale of 36,66,500 shares at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 25.03.2024.
- Appointment of new Company Secretary
The Company has informed that the Board of Directors has approved the appointment of Mr. Mohammad Jaidul Islam as Company Secretary of the Company with effect from April 01, 2024.
- (Q2 Un-audited): EPS was Tk. 0.20 for October-December 2023 as against Tk. 0.19 for October-December 2022. EPS was Tk. 1
(Q2 Un-audited): EPS was Tk. 0.20 for October-December 2023 as against Tk. 0.19 for October-December 2022. EPS was Tk. 1.67 for July-December 2023 as against Tk. 0.41 for July-December 2022. NOCFPS was Tk. (0.14) for July-December 2023 as against Tk. (0.78) for July-December 2022. NAV per share was Tk. (8.70) as on December 31, 2023 and Tk. (10.37) as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of EMERALDOIL): Reasons for significant deviation: 75% production capacity has been utilized during July 2023 to December 2023 where 50% production capacity was utilized during July 2022 to December 2022. (end)
The first part of this announcement is missing from the archive. - Sale declaration of a Corporate Director
Minori Bangladesh Ltd., a Corporate Director of the Company, has expressed its intention to sell 36,66,500 shares out of its holding of 3,52,25,004 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange PLC. (DSE) within April 30, 2024.
- 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 March 28, 2024 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Sale confirmation of a Corporate Director
Minori Bangladesh Ltd., a Corporate Director of the Company, has further informed that it has completed its sale of 10,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 14.03.2024.
- Sale declaration of a Corporate Director
Minori Bangladesh Ltd., a Corporate Director of the Company, has expressed its intention to sell 10,00,000 shares out of its holding of 3,62,25,004 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange PLC. (DSE) within April 30, 2024.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.