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 2021 (24).
- Category Change
The Company has been placed in 'B' category from existing 'A' category with effect from December 19, 2021 as the Company has approved 2% cash Dividend for the year ended on June 30, 2021.
- 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 Atlas Bangladesh Ltd. in between 1st to 30th trading day after change of categorization, with effect from December 19, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- The auditor of the Evince Textiles Limited has given the \"Emphasis of Matter\" paragraphs in the Auditor\'s Report for
The auditor of the Evince Textiles Limited has given the \"Emphasis of Matter\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Emphasis of Matter: 1.The Bangladesh Labor (amended) act 2013 requires the company to contribute 5\% of its net profit to WPPF. The management has ascertained the amount and made necessary provision but not made any payment since financial year 2017 which is apparent as noncompliance of the said act. (end)
- Approval in EGM for Amalgamation
Refer to their earlier news disseminated by DSE on 23.09.2021 regarding approval of the draft scheme of Amalgamation, the Company has further informed that the shareholders have approved the amalgamation of Evince Textiles Ltd. And Evitex Fashions Limited in EGM subject to the approval of the Honorable High Court Division of the Supreme Court of Bangladesh and any other Regulatory Body.
- Resumption after record date
Trading of the shares of the Company will resume on 21.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- 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 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. (0.25) for July-September 2021 as against Tk. (0.30) for July-September 2020; Consolidated NOCFPS was Tk. 0.63 for July-September 2021 as against Tk. 1.84 for July-September 2020. Consolidated NAV per share was Tk. 12.84 as on September 30, 2021 and Tk. 13.09 as on June 30, 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 13, 2021 at 4:00 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
The Board of Directors has recommended 2% cash Dividend for the year ended on June 30, 2021. Date of AGM: 14.12.2021, Time: 12:30 PM, Venue: Digital Platform. Record Date: 18.11.2021. The Company has reported Consolidated EPS of Tk. 0.001, Consolidated NAV per share of Tk. 13.09 and Consolidated NOCFPS of Tk. 1.47 for the year ended on June 30, 2021 as against Tk. 0.19, Tk. 13.52 and Tk. 2.88 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 (28.10.2021) 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 October 27, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 13.10.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 12.10.2021 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 10.10.2021 to 11.10.2021. Trading of the shares of the Company will remain suspended on record date i.e., 12.10.2021 for EGM.
- Refer to their earlier news disseminated by DSE on 11.05.2021 regarding approval of the draft scheme of Amalgamation, th
Refer to their earlier news disseminated by DSE on 11.05.2021 regarding approval of the draft scheme of Amalgamation, the Company has further informed that the Board of Directors has decided to hold an EGM and Creditors Meeting to get approval of the scheme of amalgamation for merger of Evitex Fashions Ltd. (Transferor) with Evince Textiles Ltd. (Transferee) (cont.)
- Decision to hold an EGM for Amalgamation with two Companies
(Continuation news of ETL): in accordance with the direction of the Hon'ble high Court by an order dated August 23, 2021 passed in the Company Matter No. 162/2021. Date of EGM: 06.11.2021, Time: 12:00 noon, Venue: Digital Platform. Record Date for EGM: 12.10.2021. (end)
The first part of this announcement is missing from the archive. - Approval of the draft scheme of Amalgamation
The Company has informed that the Board of Directors of the company has taken a decision that subject to the approval of the Honorable High Court Division of the Supreme Court of Bangladesh and any other Regulatory Body as may be required, the Company Evince Textiles Limited would take over the Company name and style as Evitex Fashions Limited a private limited company with its all assets and liabilities as per provisions of Sections 228 and 229 of the Companies Act, 1994.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.16 for January-March 2021 as against Tk. 0.04 for January-March 2020; Consolidated EPS was Tk. (0.14) for July 2020-March 2021 as against Tk. 0.34 for July 2019-March 2020. Consolidated NOCFPS was Tk. 2.16 for July 2020-March 2021 as against Tk. 1.85 for July 2019-March 2020. Consolidated NAV per share was Tk. 12.74 as on March 31, 2021 and Tk. 13.52 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 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- WASO Credit Rating Company (BD) Ltd. (WCRCL) has announced the Entity Rating of the Company as "BBB2" for long term and
WASO Credit Rating Company (BD) Ltd. (WCRCL) has announced the Entity Rating of the Company as "BBB2" for long term and "ST-3" for short term along with a stable outlook based on latest audited financial statements of the Company for FY2020 and other relevant qualitative and quantitative information of the Company.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.001 for October-December 2020 as against Tk. 0.13 for October-December 2019; Consolidated EPS was Tk. (0.30) for July-December 2020 as against Tk. 0.30 for July-December 2019. Consolidated NOCFPS was Tk. 1.84 for July-December 2020 as against Tk. 1.35 for July-December 2019. Consolidated NAV per share was Tk. 12.57 as on December 31, 2020 and Tk. 13.52 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 January 27, 2021 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, 2020.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2020 to the respective shareholders' BO Accounts on January 07, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.