Evince Textiles Limited announcements
160 Dhaka Stock Exchange announcements for Evince Textiles Limited (ETL) since 2016: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (25).
- Dividend Disbursement
The Company has informed that it has credited Bonus shares for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on November 09, 2017.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.39 for July-September, 2017 as against Tk. 0.37 for July-September, 2016; Consolidated NOCFPS was Tk. 0.84 for July-September 2017 as against Tk. 0.84 for July-September, 2016. Consolidated NAV per share was Tk. 18.14 as on September 30, 2017 and Tk. 17.67 as on June 30, 2017.
- 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 05, 2017 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Time and Venue of the AGM
The Company has further informed that the 18th AGM of the Company will be held on October 30, 2017 at 11:15 AM at International Convention City Bashundhara (ICCB), Hall-1 (Gulnaksha), Kuril Bishwa Road (Beside 300 ft Road) Purbachal Express Highway, Dhaka-1229. Other information will remain unchanged.
- Resumption after Record Date
Trading of the shares of the Company will resume on 15.10.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 12.10.2017.
- 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 benefits from 10.10.2017 to 11.10.2017. Trading of the shares of the Company will remain suspended on record date i.e., 12.10.2017.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 30.10.2017. Time and Venue will be notified later. Record Date: 12.10.2017. The Company has also reported Consolidated EPS of Tk. 1.28, Consolidated NAV per share of Tk. 14.73 and Consolidated NOCFPS of Tk. 2.78 for the year ended on June 30, 2017 as against Tk. 1.40, Tk. 14.28 and Tk. 0.80 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (21.09.2017) 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 September 20, 2017 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Withdrawal of Authorized Representative
Withdrawal of Authorized Representative: Expo Traders Ltd. (DSE TREC No. 230) has withdrawn one of its Authorized Representatives, Mr. Md. Bayzid Hasan, with immediate effect.
- Time and Venue of the EGM
The Company has further informed that 3rd EGM of the Company will be held on May 31, 2017 at 11:00 AM at Seminar Hall (Level-3) of the Bangladesh Golf Academy adjacent to Army Golf Club, Kurmitola, Dhaka.
- Resumption after Record Date
Trading of the shares of the Company will resume on 11.05.2017 after record date for EGM.
- Suspension for Record Date for EGM
Trading of the shares of the Company will remain suspended on record date i.e., 09.05.2017 for EGM.
- Spot News for EGM
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 from 07.05.2017 to 08.05.2017. Trading of the shares of the Company will remain suspended on record date i.e., 09.05.2017 for EGM.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.36 for January-March, 2017 as against Tk. 0.26 for January-March, 2016; Consolidated EPS was Tk. 1.15 for July, 2016-March, 2017 as against Tk. 1.01 for July, 2015-March, 2016. Consolidated NOCFPS was Tk. 2.03 for July, 2016-March, 2017 as against Tk. (0.03) for July, 2015-March, 2016. Consolidated NAV per share was Tk. 14.59 as of March 31, 2017 and Tk. 14.28 as of June 30, 2016.
- 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, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- EGM for Increasing Authorized Capital
The Board of Directors of the Company has decided to hold an EGM to increase the Authorized Capital of the Company from Tk. 150.00 crore to Tk. 350.00 crore through making amendment to the Memorandum of Associations and Article of Association of the Company. Date of EGM: 31.05.2017, Time and Venue: to be notified later. Record date for EGM: 09.05.2017.
- Decision to purchase new capital machineries
The Company has informed that the Board of Directors has decided to make an investment of total Tk. 212,884,000.00 approximately for purchasing new capital machineries to increase the production capacity and finishing quality of the Company as follows: (1) 30 Pcs of Air Jet Weaving Machine (Looms) with a value of Tk. 105,600,000.00, (2) 1 set of Stenter Frame Range with standard accessories with a value of Tk. 36,636,000.00, (cont.) (continuation news of ETL): (3) 1 set of Mercerizing Machine with standard accessories with a value of Tk. 36,800,000.00, (4) 1 set Modular Straightening and process control system ORTHOPAC with a value of Tk. 5,632,000.00, (5) 1 set of Caustic Recovery plant with standard accessories with a value of Tk. 13,816,000.00 and (6) 3 sets of Screw Air Compressor with a value of Tk. 14,400,000.00. (end)
- Credit Rating Result
WASO Credit Rating Company (BD) Ltd. (WCRCL) has announced the entity rating of the Company as "BBB2" for long term and "P-4" for short term along with a stable outlook based on latest audited financial statements of the Company for the year ended on June 30, 2016 and other relevant quantitative and qualitative information of the Company.
- Q2 Financials
Consolidated EPS was Tk. 0.42 for October-December, 2016 as against Tk. 0.39 (restated) for October-December, 2015; Consolidated EPS was Tk. 0.78 for July-December, 2016 as against Tk. 0.75 (restated) for July-December, 2015. Consolidated NOCFPS was Tk. 1.48 for July-December, 2016 as against Tk. (0.66) for July-December, 2015. Consolidated NAV per share was Tk. 14.23 as of December 31, 2016 and Tk. 14.28 as of June 30, 2016.
- Board Meeting
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 25, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend and credited the Bonus shares to the respective shareholders' BO Accounts for the year ended on June 30, 2016.
- Category Change
The Company will be placed in 'A' category from existing 'N' category with effect from January 03, 2017 as the Company has reported disbursement of 10% cash dividend and 20% Stock dividend for the 18 months period ended on June 30, 2016.
- Prohibition on providing loan
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Evince Textiles Limited in between 1st to 30th trading day after change of categorization, starting from January 03, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.