Index Agro Industries Limited announcements
106 Dhaka Stock Exchange announcements for Index Agro Industries Limited (INDEXAGRO) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (29).
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating of the Company as \"A3\" in the long t
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating of the Company as \"A3\" in the long term and \"ST-3\" in the short term along with stable outlook based on audited financial statements up to June 30, 2023; Bank Liability position as on October 31, 2023 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 19.11.2023.
- (Q1 Un-audited): EPS was Tk. 1.02 for July-September 2023 as against Tk. 1.18 for July-September 2022; NOCFPS was Tk. 11
(Q1 Un-audited): EPS was Tk. 1.02 for July-September 2023 as against Tk. 1.18 for July-September 2022; NOCFPS was Tk. 11.44 for July-September 2023 as against Tk. (3.49) for July-September 2022. NAV per share was Tk. 78.01 as on September 30, 2023 and Tk. 77.00 as on June 30, 2023. (cont.)
- Q1 Financials
(Continuation news of INDEXAGRO): Reasons for deviation: EPS has been decreased due to foreign exchange rate fluctuation loss and increase of finance cost and NOCFPS has increased due to higher collection from customers and less payment to suppliers. (end)
The first part of this announcement is missing from the archive. - Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 16.11.2023.
- 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 14.11.2023 to 15.11.2023 and trading of the shares will remain suspended on record date i.e., 16.11.2023
- 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 November 14, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The Board of Directors has recommended cash dividend @ 20\% of the paid up capital of the company for the year ended Jun
The Board of Directors has recommended cash dividend @ 20\% of the paid up capital of the company for the year ended June 30, 2023. Considering ongoing business situation and adverse cash flow position of the company, the Board has decided to pay cash dividend to the post IPO shareholders (General Public Shareholders) within the stipulated time. The Sponsors & Pre-IPO shareholders cash dividend will be paid in future depending on availability of sufficient cash position of the company. (cont.1)
- (Continuation news of INDEXAGRO): The general public shareholders (Post IPO shares) holds 82,53,649 no. of shares. On th
(Continuation news of INDEXAGRO): The general public shareholders (Post IPO shares) holds 82,53,649 no. of shares. On the other hand, the Sponsors & Pre-IPO shareholder holds 3,90,00,000 no. of shares. Date of AGM: 26.12.2023, Time:11:00 AM, Venue: Digital Platform. Record Date: 16.11.2023. The Company has also reported EPS of Tk. 5.22, NAV per share of Tk. 77.00 and NOCFPS of Tk. (1.23) for the year ended June 30, 2023 as against Tk. 5.09, Tk. 62.93 and Tk. (1.45) respectively (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of INDEXAGRO): for the year ended June 30, 2022. The company has also informed that gross profit increased due to decrease of raw materials cost and increase of production efficiency which leads lower cost of goods sold. NAV increased due to adjustment of revaluation surplus on land and land development cost. (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 (26.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- 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 25, 2023 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Refer to their earlier news disseminated by DSE on 11.04.2023 regarding revaluation of all existing lands, the company h
Refer to their earlier news disseminated by DSE on 11.04.2023 regarding revaluation of all existing lands, the company has further informed the Board of Directors of Index Agro Industries Limited in its meeting held on June 25, 2023 has approved and accepted the revaluation report of existing lands of the company based on Unaudited Financial Statements of the company as on 31 March 2023. The revaluation works were performed by Mahfel Huq & Co., Chartered Accountants. (cont.)
- Revaluation of Land and Land Developments
(Continuation news of INDEXAGRO): The summary of valuation of Land and Land Development is as follows: Particulars: Residential and Industrial Land: Total Cost: BDT 182,565,931.00; Value Adjustment: BDT 474,645,570.00; Revalued Amount: BDT 657,211,500.00. (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 18.06.2023.
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 15.06.2023 for EGM.
- Spot for EGM
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 from 13.06.2023 to 14.06.2023 and trading of the shares will remain suspend on record date i.e., 15.06.2023 for EGM.
- The company has informed that the Board of Directors of the company has decided to use the unspent IPO fund of Tk. 26,87
The company has informed that the Board of Directors of the company has decided to use the unspent IPO fund of Tk. 26,87,95,244.00 for using Building & Civil Construction works and setup necessary Machineries and Equipment in any project of the company in place of using respective projects as declared in the IPO prospectus. (cont.)
- Decision to hold EGM for using unspent IPO fund
(Continuation news of INDEXAGRO): The Board also decided to extend 12 (Twelve) more months for utilizing unspent IPO proceeds from the date of expiration subject to approval by the shareholders in the extraordinary general meeting (EGM). Date and time of EGM: July 20, 2023 at 11:00 AM, Venue: Digital Platform, Record date for EGM: June 15, 2023. (end)
The first part of this announcement is missing from the archive. - Resignation and appointment of Chief Financial Officer
The company has informed that the Board of Directors has accepted the resignation of Mr. Md. Nazrul Islam, ACMA, existing Chief Financial Officer of the company and appointed Mr. Sarif Mohammad Jana Alam, FCMA as the new Chief Financial Officer of the company with immediate effect.
- (Q3 Un-audited): EPS was Tk. 1.42 for January-March 2023 as against Tk. 2.22 for January-March 2022; EPS was Tk. 3.63 fo
(Q3 Un-audited): EPS was Tk. 1.42 for January-March 2023 as against Tk. 2.22 for January-March 2022; EPS was Tk. 3.63 for July 2022-March 2023 as against Tk. 4.85 for July 2021-March 2022. NOCFPS was Tk. 8.94 for July 2022-March 2023 as against Tk. 11.50 for July 2021-March 2022. NAV per share was Tk. 65.56 as on March 31, 2023 and Tk. 62.93 as on June 30, 2022. (cont.)
- Q3 Financials
(Continuation news of INDEXAGRO): Reasons for deviation in EPS: EPS decreased due to increased of raw material price and foreign exchange loss which adversely affects cost of goods sold. (end)
The first part of this announcement is missing from the archive. - 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 27, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Revaluation of all existing lands
The company has informed that the Board of Directors has decided to revalue all existing lands owned by the company. The purpose of revaluation is to reflect the fair value of the assets in the books of accounts of the company.
- (Q2 Un-audited): EPS was Tk. 1.05 for October-December 2022 as against Tk. 1.12 for October-December 2021; EPS was Tk. 2
(Q2 Un-audited): EPS was Tk. 1.05 for October-December 2022 as against Tk. 1.12 for October-December 2021; EPS was Tk. 2.22 for July-December 2022 as against Tk. 2.63 for July-December 2021. NOCFPS was Tk. (0.21) for July-December 2022 as against Tk. 5.66 for July-December 2021. NAV per share was Tk. 64.15 as on December 31, 2022 and Tk. 62.93 as on June 30, 2022. (cont.)
- Q2 Financials
(Continuation news of INDEXAGRO): Reasons for Deviation in EPS and NOCFPS: EPS has decreased due to increase in raw material price and foreign exchange loss which has adversely affected cost of goods sold. NOCFPS has decreased due to increase in inventory and payment made to suppliers thereof. (end)
The first part of this announcement is missing from the archive. - 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 26, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating of the Company as \"A3\" in the long t
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating of the Company as \"A3\" in the long term and \"ST-3\" in the short term along with stable outlook based on audited financial statements up to June 30, 2022; bank liability position as on November 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.