Envoy Textiles Limited announcements
242 Dhaka Stock Exchange announcements for Envoy Textiles Limited (ENVOYTEX) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (18).
- Sale and Buy Declarations of Sponsor & Sponsor Director
Fontina Fashion Limited, one of the Corporate Sponsors of the Company, has expressed its intention to sell 24,01,832 shares out of its total holding of 77,41,603 shares (in the Block Market) whereas Kutubuddin Ahmed, Sponsor Director of the company has expressed his intention to buy 24,01,832 shares at prevailing market price (in the Block Market) through Stock Exchange (DSE) within next 30 working days.
- Board decision to issue a 5-year series Zero Coupon Bond
The Company has informed that the Board has decided to issue a 5-year series Zero Coupon Bond with face value of BDT 2,000.00 million at a discounted value of BDT 1,684.48 million through private placement to the potential investors subject to approval of Bangladesh Securities and Exchange Commission to finance the Captive Power Plant of the company and to prepay a portion of high-cost borrowing. (cont.)
- Board decision to buy the commercial space
The Board also decided at the meeting to buy the commercial space of 4th Floor of Envoy Tower, 18/E, Lake Circus Kalabagan (West Panthapath), Dhaka 1205 having 5,326 square feet for the purpose of use as extended corporate office of the Company at a cost of Taka 7,98,90,000.00 (Taka Seven Crore Ninety Eight Lac Ninety Thousand only).
- Board Decision to issue Preference Shares at face value
(continuation news of ENVOYTEX): The said preference shares shall be fully redeemable cumulative non-convertible within 5 years and to be redeemed the principal amount by yearly equal installments commencing from the first-year end from the date of subscription. Dividend will be paid semi-annually in arrear basis at a fixed rate. (End)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the Company will resume on 16.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.21 for July-September 2021 as against Tk. 0.13 for July-September 2020; NOCFPS was Tk. 0.45 for July-September 2021 as against Tk. 3.04 for July-September 2020. NAV per share was Tk. 38.00 as on September 30, 2021 and Tk. 37.79 as on June 30, 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 11.11.2021 to 14.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2021.
- 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 November 10, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Dividend Declaration
(Continuation news of ENVOYTEX): The Company has also reported EPS of Tk. 0.56, NAV per share of Tk. 37.79 and NOCFPS of Tk. (2.25) for the year ended on June 30, 2021 as against Tk. 1.63, Tk. 38.43 and Tk. 1.56 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 (12.10.2021) following its corporate declaration.
- Dividend Declaration (Additional Information)
(Continuation news of ENVOYTEX): freight charges and shipment delays, forcing the Company to compromise prices to stay afloat. COGS increased by 0.97% because of these reasons, resultant GP margin reduced by 0.51%, even though revenue slightly increased in last quarter of the reporting year. Net profit before tax increased by 1.02% but the net profit after tax reduced by 65.43% due to an adjustment in provisioning for deferred income tax. (cont. 3)
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 11, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Set up Spinning Project expansion Unit
(Cont. ENVOYTEX): c. Out of the total estimated cost of the project, BDT 561.90 million to be invested from the Company's retained earnings and remaining of BDT 1200 million to be financed by bank borrowings. The debt-equity ratio is considered at nearly 32:68 d. 98% of capacity assumed to be utilized. A production of around 60 to 70% to be consumed in-house for the denim production, and remaining is for deemed export market. e. The project is expected at a pay back of investment by 7 years. (end)
The first part of this announcement is missing from the archive. - Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.21 for January-March 2021 as against Tk. 0.91 for January-March 2020; EPS was Tk. 0.58 for July 2020-March 2021 as against Tk. 2.06 for July 2019-March 2020. NOCFPS was Tk. 4.48 for July 2020-March 2021 as against Tk. 4.02 for July 2019-March 2020. NAV per share was Tk. 37.90 as on March 31, 2021 and Tk. 38.43 as on June 30, 2020.
- 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 08, 2021 at 1:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 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 28, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.