IFAD Autos PLC. announcements
205 Dhaka Stock Exchange announcements for IFAD Autos PLC. (IFADAUTOS) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (24).
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from December 30, 2024 as the Company has approved 1% Cash and 1% Stock Dividend for the year ended June 30, 2024.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of the Company as "AA3" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements up to June 30, 2024; bank liability position as on October 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 23.12.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 22.12.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 18.12.2024 to 19.12.2024 and trading of the shares will remain suspended on record date i.e., 22.12.2024 for entitlement of 1% Stock Dividend.
- BSEC's consent regarding 1% Stock Dividend of the company
Refer to their earlier news disseminated by DSE on 17.11.2024 regarding Stock Dividend, the company has further informed that the Bangladesh Securities and Exchange Commission (BSEC) has given their consent regarding declared 1% Stock Dividend of the company for the year ended June 30, 2024. The record date for entitlement of 1% Stock Dividend will be December 22, 2024.
- Resumption after Record Date
Trading of the shares of the company will resume on 19.11.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 18.11.2024.
- Regarding stock dividend for the year ended June 30, 2024
Refer to their earlier news disseminated by DSE on 27.10.2024 regarding dividend declaration, the company has further informed that they are yet to receive the consent of "Stock Dividend" from Bangladesh Securities and Exchange Commission. Another record date shall be declared upon getting permission from the commission for entitlement of 1% stock dividend/bonus shares for the year ended June 30, 2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.21) for July-September 2024 as against Tk. 0.01 for July-September 2023; NOCFPS was Tk. (2.20) for July-September 2024 as against Tk. 0.48 for July-September 2023. NAV per share was Tk. 36.08 as on September 30, 2024 and Tk. 36.29 as on June 30, 2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 14.11.2024 to 17.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 18.11.2024.
- Emphasis of Matter
The auditor of the company has given the "Emphasis of Matter" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/IFADAUTOS_2024.pdf
- 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, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- The Board of Directors has recommended 1\% Cash and 1\% Stock Dividend for all shareholders of the company for the year
The Board of Directors has recommended 1\% Cash and 1\% Stock Dividend for all shareholders of the company for the year ended June 30, 2024. The Stock Dividend is subject to the approval of BSEC. Date of AGM: 28.12.2024, Time: 03:00 PM, Venue: Digital Platform. Record Date: 18.11.2024. The Company has also reported EPS of Tk. (0.62), NAV per share of Tk. 36.29 and NOCFPS of Tk. (1.81) for the year ended June 30, 2024 (cont.1)
- (Cont. news of IFADAUTOS): as against Tk. (0.58), Tk. 37.91 and Tk. (2.76) respectively for the year ended June 30, 2023
(Cont. news of IFADAUTOS): as against Tk. (0.58), Tk. 37.91 and Tk. (2.76) respectively for the year ended June 30, 2023. Reason for declaration of stock dividend/bonus shares: The retained amount is to be used as a reinvestment in the company. The company has further stated that: a) The company has declared such stock dividend or bonus shares out of the accumulated profit or retained earnings; and (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Cont. news of IFADAUTOS): b) the company has not declared such stock dividend or bonus shares from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the company or through reducing paid-up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (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 (27.10.2024) 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 26, 2024 at 2:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.02 for January-March 2024 as against Tk. 0.35 for January-March 2023; EPS was Tk. 0.05 for July 2023-March 2024 as against Tk. (0.30) for July 2022-March 2023. NOCFPS was Tk. 1.26 for July 2023-March 2024 as against Tk. (1.43) for July 2022-March 2023. NAV per share was Tk. 36.96 as on March 31, 2024 and Tk. 37.91 as on June 30, 2023.
- 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 28, 2024 at 03:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- Name Change of the Company
Dhaka Stock Exchange PLC. (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'IFAD Autos PLC.' instead of 'IFAD Autos Limited' with effect from March 10, 2024. Other things (except name) will remain unchanged.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.02 for October-December 2023 as against Tk. 0.13 for October-December 2022; EPS was Tk. 0.03 for July-December 2023 as against Tk. (0.65) for July-December 2022. NOCFPS was Tk. (0.81) for July-December 2023 as against Tk. (2.38) for July-December 2022. NAV per share was Tk. 36.94 as on December 31, 2023 and Tk. 37.91 as on June 30, 2023.
- 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 30, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.