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 2018 (17).
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.37 for July-September, 2018 as against Tk. 0.36 for July-September, 2017; Consolidated NOCFPS was Tk. 1.08 for July-September 2018 as against Tk. 0.75 for July-September, 2017. Consolidated NAV per share was Tk. 14.81 as on September 30, 2018 and Tk. 14.44 as on June 30, 2018.
- 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 13, 2018 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, 2018.
- Resumption after Record Date
Trading of the shares of the Company will resume on 14.10.2018 after record date.
- Time and Venue of the AGM
The Company has further informed that 19th AGM of the Company will be held on October 30, 2018 at 11:30 AM at International Convention City Bashundhara (ICCB), Hall-02, (Pushpoguscho), Kuril Bishwa Road (Next to 300 Feet Road), Purbachol Express Highway, Dhaka-1229.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 11.10.2018.
- Invest for BMRE &Voluntary Forgoing of accumulated remuneration of Directors
The Company has informed that the Board of Directors has decided to invest an amount of Tk. 70.37 crore (approx.) for BMRE of its existing project. Out of this amount, Tk. 55.41 crore (i.e. 79%) to be procured by availing Term Loan facilities from Modhumoti Bank Limited. The balance amount of Tk. 14.96 crore (i.e. 21%) will be financed from company 's own sources as equity. The breakdown of the investment is as follows; 1. Capital Machineries & Equipment with pumps, motors, pipes, auxiliaries, (cont.) (Continuation news of ETL): fixtures, fabrication, erection & installation : Tk. 54.70 crore and 2. Building & Civil Construction : Tk. 15.67 crore. The proposed BMRE has been taken up by the Board with a view to enhancing the overall production capacity by 50%. The Board also approved the decision of the Directors of the company regarding their voluntary forgoing of their accumulated remuneration of Tk. 7.32 crore payable to them upto June 30, 2018. (end)
- 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 from 30.09.2018 to 10.10.2018. Trading of the shares of the Company will remain suspended on record date i.e., 11.10.2018.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2018. Date of AGM: 30.10.2018. Time and Venue will be notified later. Record Date: 11.10.2018. The Company has also reported Consolidated EPS of Tk. 1.06, Consolidated NAV per share of Tk. 14.44 and Consolidated NOCFPS of Tk. 2.85 for the year ended on June 30, 2018 as against Tk. 1.16, Tk. 14.73 and Tk. 2.78 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 (23.09.2018) following its corporate declaration.
- Category Change
The Company will be placed in 'Z' category from existing 'A' category with effect from September 24, 2018 as the Company has recommended No dividend for the year ended on June 30, 2018.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Evince Textiles Limited with effect from September 24, 2018 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
- 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, 2018 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Credit Rating Result
WASO Credit Rating Company (BD) Ltd. (WCRCL) has announced the entity rating of the Company as "BBB2" in the long term and "ST-4" in the short term along with a stable outlook based on latest audited financial statements of the Company for the financial year 2016-17 and other relevant quantitative and qualitative information of the Company.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.39 for January-March 2018 as against Tk. 0.33 for January-March 2017; Consolidated EPS was Tk. 1.20 for July 2017-March 2018 as against Tk. 1.04 for July 2016-March 2017. Consolidated NOCFPS was Tk. 1.99 for July 2017-March 2018 as against Tk. 1.85 for July 2016-March 2017. Consolidated NAV per share was Tk. 14.59 as on March 31, 2018 and Tk. 13.39 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 April 26, 2018 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.43 for October-December, 2017 as against Tk. 0.38 for October-December, 2016; Consolidated EPS was Tk. 0.79 for July-December, 2017 as against Tk. 0.71 for July-December, 2016. Consolidated NOCFPS was Tk. 1.36 for July-December, 2017 as against Tk. 1.35 for July-December, 2016. Consolidated NAV per share was Tk. 14.17 as on December 31, 2017 and Tk. 13.39 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 January 27, 2018 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.