National Tea Company Limited announcements
286 Dhaka Stock Exchange announcements for National Tea Company Limited (NTC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (30).
- Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"A-\" in the long term and
Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"A-\" in the long term and \"ST-3\" in the short term along with a Stable outlook in consideration of its audited financials up to June 30, 2023, also unaudited financial up to September 30, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- The auditor of the company has given the \"Qualified Opinion, Emphasis of Matters and Other Matter\" paragraph in the Au
The auditor of the company has given the \"Qualified Opinion, Emphasis of Matters and Other Matter\" paragraph in the Auditor\'s Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/1.NTC.pdf
- Resumption after Record date
Trading of the shares of the company will resume on 16.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 15.11.2023.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (3.88) for July-September 2023 as against Tk. 1.54 for July-September 2022; NOCFPS was Tk. (16.78) for July-September 2023 as against Tk. (9.11) for July-September 2022. NAV per share was Tk. (52.07) as on September 30, 2023 and Tk. (48.19) as on June 30, 2023. The company also informed that EPS has been decreased due to increase in cost and expenses. NOCFPS has been decreased due to increase of cash expenses due to incremental wages and finance cost.
- 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 from 13.11.2023 to 14.11.2023 and trading of the shares will remain suspended on record date i.e., 15.11.2023.
- 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 11, 2023 at 3:30 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 No Dividend for the year ended June 30, 2023. Date of AGM: 18.12.2023, Time: 11:0
The Board of Directors has recommended No Dividend for the year ended June 30, 2023. Date of AGM: 18.12.2023, Time: 11:00 AM, Venue: Digital Platform. Record date: 15.11.2023. The Company has also reported EPS of Tk. (96.24), NAV per share of Tk. (48.19) and NOCFPS of Tk. (74.77) for the year ended June 30, 2023 as against Tk. (34.47), Tk. 48.79 and Tk. (23.52) respectively for the year ended June 30, 2022. (cont.)
- 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.
- Dividend Declaration
(Continuation news of NTC): Reasons for deviation in EPS: EPS has been decreased due to the increased cost of other materials including massive increase in wages and a decrease in sales. (end)
The first part of this announcement is missing from the archive. - 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 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- BSEC's instruction to postpone the subscription of proposed capital raising
Refer to the earlier news disseminated by DSE on 17.04.2023, the company has further informed that BSEC instructed the company to postpone the subscription of proposed capital raising until receipt of clearance or order from the Honorable Court.
- Halt of trading of the company
Due to non-adjustment of open adjusted price on resumption date after the record date for entitlement of the placement shares, trading of shares of National Tea Company Ltd. has been halted today i.e., 16.05.2023. Trading of the shares will resume on tomorrow i.e., 17.05.2023 with due adjusted price. Also trades executed with the unadjusted price on today will be cancelled.
- Appointment of Company Secretary
The company has informed that the Board of Directors has appointed Mr. Molla Golam Mohammad as Company Secretary (in-charge) of the company.
- Resumption after record date
Trading of the shares the company will resume on 16.05.2023.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 15.05.2023 for entitlement of the placement shares.
- Spot for placement entitlement
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 the entitlement of the placement shares from 11.05.2023 to 14.05.2023 and trading of the shares will remain suspended on record date i.e., 15.05.2023 for entitlement of the placement shares.
- (Q3 Un-audited): EPS was Tk. (47.70) for January-March 2023 as against Tk. (39.78) for January-March 2022; EPS was Tk. (
(Q3 Un-audited): EPS was Tk. (47.70) for January-March 2023 as against Tk. (39.78) for January-March 2022; EPS was Tk. (46.02) for July 2022-March 2023 as against Tk. (31.12) for July 2021-March 2022. NOCFPS was Tk. (34.70) for July 2022-March 2023 as against Tk. (0.12) for July 2021-March 2022. NAV per share was Tk. 2.02 as on March 31, 2023 and Tk. 48.79 as on June 30, 2022. (Cont.)
- Q3 Financials
(Continuation news of NTC): Reason for deviation in EPS: EPS decreased due to increase in cost of production for increasing labor wages and other input cost. (end)
The first part of this announcement is missing from the archive. - Reschedule of Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on April 30, 2023 at 3:00 PM instead of April 27, 2023 at 3:00 to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Refer to their earlier news disseminated by DSE on 16.04.2023 regarding BSEC consent for raising paid-up capital through
Refer to their earlier news disseminated by DSE on 16.04.2023 regarding BSEC consent for raising paid-up capital through issuance of Ordinary Shares, the company has further informed the following information: 1. Number of placement shares to be issued: 23,400,000 ordinary shares. 2. Ratio of the placement issue: a. 12,480,120 number of shares to be issued to Govt. of Bangladesh, Investment Corporation of Bangladesh (cont.1)
- (Continuation news of NTC): and Sadharan Bima Corporation at a ratio of average 4.43 shares for 1 (one) existing share.
(Continuation news of NTC): and Sadharan Bima Corporation at a ratio of average 4.43 shares for 1 (one) existing share. b. 1,380,826 number of shares to be issued to other directors at a ratio of average 3.21 shares for 1 (one) existing share. c. 9,539,054 number of shares to be issued to shareholders other than directors and sponsors at a ratio of average 2.85 shares for 1 (one) existing share. Total 23,400,000 number of shares to be issued at a ratio of average 3.55 shares for 1 (one) existing (cont.2)
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 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Regarding record date, ratio, subscription date etc. for placement issue
(Continuation news of NTC): share. 3. Issue price of the share: Tk. 119.53 each including a premium of Tk. 109.53 per share. 4. Record date for entitlement of Placement Share: May 15, 2023. 5. Subscription Opening Date: July 10, 2023 (During Banking Hours) 6. Subscription Closing Date: September 10, 2023 (During Banking Hours). 7. Manager to the Issue: ICB Capital Management Limited and 8. Bankers to the issue for placement issue: i. Padma Bank Limited, ii. Investment Corporation of Bangladesh. (end)
The first part of this announcement is missing from the archive. - The company has informed that Bangladesh Securities and Exchange Commission (BSEC) has accorded approval for placement i
The company has informed that Bangladesh Securities and Exchange Commission (BSEC) has accorded approval for placement issue of National Tea Company Limited for raising paid-up capital through issuance of 23,400,000 ordinary shares of Tk. 10.00 each at an issue price of Tk. 119.53 each including a premium of Tk. 109.53 per share, totaling Tk. 27,970,02,000.00 to be offered to the existing shareholders on the record date for entitlement of placement share. (cont.)
- BSEC consent for raising paid-up capital through issuance of Ordinary Shares
(Continuation news of NTC): The purpose of issuance of placement share is to support the business growth (field and factory development), finance the working capital need along with repayment of bank loan. The ratio of placement share, record date for entitlement of placement share, the period of subscription and the list of Bankers to the issue will be notified soon. (end)
The first part of this announcement is missing from the archive. - Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.14 for October-December 2022 as against Tk. 5.21 for October-December 2021; EPS was Tk. 1.68 for July-December 2022 as against Tk. 8.66 for July-December 2021.NOCFPS was Tk. (8.99) for July-December 2022 as against Tk. 11.32 for July-December 2021. NAV per share was Tk. 49.73 as on December 31, 2022 and Tk. 48.79 as on June 30, 2022. Reasons for deviation in EPS: EPS has been decreased due to decrease in sales volume and increase in operating expenses.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on January 30, 2023 at 4:00 PM instead of January 31, 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.
- 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 31, 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.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.