Intech Limited announcements
301 Dhaka Stock Exchange announcements for Intech Limited (INTECH) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (26).
- Emphasis of Matters
The auditor of the company has given the "Emphasis of Matters" 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/INTECH_2024.pdf
- Resumption after Record date
Trading of the shares of the company will resume on 18.11.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.08) for July-September 2024 as against Tk. (0.15) for July-September 2023; NOCFPS was Tk. (0.02) for July-September 2024 as against Tk. (0.05) for July-September 2023. NAV per share was Tk. (0.13) as on September 30, 2024 and Tk. (0.05) as on June 30, 2024.
- Regarding AGM venue of the company
Refer to their earlier news disseminated by DSE on 28.10.2024 regarding dividend declaration, the company has further informed the Venue of the AGM: YMCA International House: B-2, Jaleswar, PATC, Radio Colony, Savar, Dhaka-1343.
- Suspension for Record date
Trading of the shares of the company will remain suspended on the record date, i.e., 17.11.2024.
- 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 12.11.2024 to 14.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 17.11.2024.
- 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 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Election of Chairman
The Company has informed that the Board of Directors has elected Mr. Khandaker Sakib Ahmed as the Chairman of the company.
- The Board of Directors has recommended 0.20\% cash dividend for general shareholders other than Director for the year en
The Board of Directors has recommended 0.20\% cash dividend for general shareholders other than Director for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 10:00 AM, Medium: Hybrid system, Venue will be notified later. Record Date: 17.11.2024. The Company has also reported EPS of Tk. 0.16, NAV per share of Tk. (0.05) and NOCFPS of Tk. 0.74 for the year ended June 30, 2024 as against Tk. (0.74), Tk. (0.21) and Tk. (0.29) respectively for the year ended June 30, 2023. (cont.1)
- (Continuation news of INTECH): Gain on sell of Fixed Asset: The company sold 2 Vehicles (Car) during this quarter by Tak
(Continuation news of INTECH): Gain on sell of Fixed Asset: The company sold 2 Vehicles (Car) during this quarter by Taka 60,75,000.00 whose book value is zero. As per Income Tax Act 2023 under Section 46 Subsection 1, this gain is recognized as Business income for the period. As a result, it contributes to the overall increase in income for the year. Interest Waiver on Loan: The company settled a long outstanding term loan during this year, (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration, gain on sale of asset & interest waiver on loan
(Continuation news of INTECH): it led to a significant reduction in liabilities and acquire of an interest waiver Taka 14,646,455.00, which is the result of negotiations with creditors. As per Income Tax Act 2023 Under Section 67 Subsection 9, the interest waiver is recognized as business Income which increased in income for the year. It's essential to note that these events are likely to be one-time occurrences and may not be reflective of the company's ongoing operational performance. (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 (28.10.2024) 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 27, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Appointment of Company Secretary
The Company has informed that the Board of Directors has approved the appointment of Mr. Md. Saddam Hossain as the Company Secretary of the Company with effect from May 26, 2024.
- (Q3 Un-audited): EPS was Tk. (0.12) for January-March 2024 as against Tk. (0.18) for January-March 2023; EPS was Tk. 0.2
(Q3 Un-audited): EPS was Tk. (0.12) for January-March 2024 as against Tk. (0.18) for January-March 2023; EPS was Tk. 0.28 for July 2023-March 2024 as against Tk. (0.54) for July 2022-March 2023. NOCFPS was Tk. 0.99 for July 2023-March 2024 as against Tk. (0.21) for July 2022-March 2023. NAV per share was Tk. 0.07 as on March 31, 2024 and Tk. (0.21) as on June 30, 2023. (cont.1)
- (Continuation news of INTECH): Reasons for deviation: 1. Gain on sell of Fixed Asset: The company sold 2 Vehicles (Car)
(Continuation news of INTECH): Reasons for deviation: 1. Gain on sell of Fixed Asset: The company sold 2 Vehicles (Car) during this quarter by Taka 60,75,000.00 whose book value is zero. As a result, it contributes to the overall increase in income for the quarter. 2. Interest Waiver on Loan: The company settled a long outstanding term loan during this quarter, it led to a significant reduction in liabilities and acquire of an interest waiver Taka 14,646,455.00, (cont.2)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of INTECH): which is the result of negotiations with creditors. It's essential to note that these events are likely to be one-time occurrences and may not be reflective of the company's ongoing operational performance. The deviation in details for this quarter is significant because these events are not part of the company's regular, day-to-day business activities. (end)
The first part of this announcement is missing from the archive. - Buy Declaration of a Director
Mr. Atiqul Alam Chowdhury, a Director of the Company, has expressed his intention to buy 4,000 shares of the company at prevailing market price (in the Public and Block Market) through Dhaka Stock Exchange PLC. within April 30, 2024.
- 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, 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.
- Category Change
The Company has been placed in 'Z' category from existing 'B' category with effect from today i.e., February 18, 2024 as per provision 1(d) of BSEC Order No. SEC/CMRRCD/2009-193/74(R) dated February 15, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Intech Limited with effect from today i.e., February 18, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- (Q2 Un-audited): EPS was Tk. 0.44 for October-December 2023 as against Tk. (0.19) for October-December 2022; EPS was Tk.
(Q2 Un-audited): EPS was Tk. 0.44 for October-December 2023 as against Tk. (0.19) for October-December 2022; EPS was Tk. 0.34 for July-December 2023 as against Tk. (0.35) for July-December 2022. NOCFPS was Tk. 1.44 for July-December 2023 as against Tk. (0.17) for July-December 2022. NAV per share was Tk. 0.13 as on December 31, 2023 and Tk. (0.21) as on June 30, 2023. (cont.1)
- (Continuation news of INTECH): Reason of significant deviation: 1. Sale of Vehicle (Car): The company sold 2 Vehicles (C
(Continuation news of INTECH): Reason of significant deviation: 1. Sale of Vehicle (Car): The company sold 2 Vehicles (Car) during this quarter by Taka 60,75,000.00 which book value is zero., it results in a one-time boost to revenue. It contributes to the overall increase in income for the quarter. 2. Settlement of Long Outstanding Term Loan: The company settled a long outstanding term loan during this quarter, it led to a significant reduction in liabilities and acquire of (cont.2)
The first part of this announcement is missing from the archive. - Q2 Financials
(Continuation news of INTECH): an interest waiver Taka 14,646,455.00, which is the result of negotiations with lenders or creditors. The interest waiver is increased in income for the quarter. It's essential to note that these events are likely to be one-time occurrences and may not be reflective of the company's ongoing operational performance. The deviation in details for this quarter is significant because these events are not part of the company's regular, day-to-day business activities. (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 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.
- Query Response
In response to the DSE query dated January 23, 2024, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.