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 2024 (17).
- Workers resume working from December 10, 2024
Refer to their earlier news disseminated by DSE on 10.12.2024 regarding production being suspended since workers refused to join the work, the company, in response to another DSE query, has informed, among others, that workers of all gardens of the company started their work from December 10, 2024.
- Clarification on recent news published in a newspaper
In response to a DSE query dated November 25, 2024 regarding clarification on recent news published in a newspaper regarding "National Tea out of production as workers demand arrears before joining work", the company has informed DSE, as follows: "National Tea Company Limited received Tk. 86.00 ( Eighty Six) crores in 2024 on loan from Bangladesh Krishi Bank out of its indent of Tk. 150 (One hundred fifty) crores. (cont.1) (Cont. news of NTC): The worker stopped the daily works with effect from 21.10.2024 in all [12(Twelve)] Gardens for which production had been suspended. Appx. 15/16 lacs kg of made Tea will be lost in 2024 due to work stoppage by the workers. National Tea Company limited authority perused to Bangladesh Krishi Bank for getting additional fund and hopefully it will resume by next week." (end) (Cont. news of NTC): Accordingly, the fund had been exhausted after second week of September, 2024 payment. Following a further 44 crores loan request to honorable secretary, Ministry of Commerce National Tea Company Limited received 7.50 cores only which had been already exhausted after providing Durgapuza Bonus to the workers. (cont.2)
- The company has informed that Bangladesh Securities and Exchange Commission has accorded its consent to the company for
The company has informed that Bangladesh Securities and Exchange Commission has accorded its consent to the company for an extension of time up to 31 March, 2025 for raising of capital of Tk. 279,70,02,000.00 only through issuance of 2,34,00,000 ordinary shares of Tk. 119.53 each only to the existing shareholders of the company on record date in cash consideration. It is to be mentioned here that the company shall have to ensure the compliance (cont.)
- Extension of time for subscription of the proposed capital raising
(Continuation news of NTC): of the conditions of BSEC regarding maintain of at least 51% Government shareholding in the company at all time (including ICB and Sadharan Bima Corporation). This extension of validity is applicable only for the shareholders on the Record date of entitlement of placement share (May 15, 2023) who did not pay the subscription. The subscribers shall not be entitled for this extension of validity. New date of subscription starting and closing will be informed in due course. (end)
The first part of this announcement is missing from the archive. - Regarding Credit of Right Shares of the Company
The company has informed that the declared rights shares have been credited to the BO Accounts of respective shareholders on October 02, 2024.
- Query Response
In response to the DSE query, 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.
- Regarding extension of time for subscription of proposed capital raising
Refer to their earlier news disseminated by DSE on 19.06.2024 regarding resumption of subscription of the proposed capital raising of the company, the company has further informed that the Board of Directors has decided to extend the subscription closing date up to September 19, 2024 (During Banking hours). All other information of PSI disseminated by DSE on 17.04.2023 in this regard will remain unchanged.
- Refer to their earlier news disseminated by DSE on 13.07.2023 regarding postponement of the subscription of proposed cap
Refer to their earlier news disseminated by DSE on 13.07.2023 regarding postponement of the subscription of proposed capital raising, the company has further informed that it received a letter from Bangladesh Securities and Exchange Commission directing resumption of the subscription of the proposed capital raising of the Company as per the Judgement of the Honorable Court. (cont.)
- Resumption of subscription of the proposed capital raising of the company
(Cont. news of NTC): In line with the above direction, time period for collection of subscription of the proposed capital raising of National Tea Company Limited has been fixed as below: Subscription start date: June 19, 2024 (During Banking hours). Subscription closing date: August 19, 2024 (During Banking hours). All other information of PSI disseminated by DSE on 17.04.2023 in this regard will be unchanged. (end)
The first part of this announcement is missing from the archive. - (Q3 Un-audited): EPS was Tk. (63.70) for January-March 2024 as against Tk. (47.70) for January-March 2023; EPS was Tk. (
(Q3 Un-audited): EPS was Tk. (63.70) for January-March 2024 as against Tk. (47.70) for January-March 2023; EPS was Tk. (104.10) for July 2023-March 2024 as against Tk. (46.02) for July 2022-March 2023. NOCFPS was Tk. (77.38) for July 2023-March 2024 as against Tk. (34.70) for July 2022-March 2023. NAV per share was Tk. (152.29) as on March 31, 2024 and Tk. (48.19) as on June 30, 2023. (Cont.)
- Q3 Financials
(Continuation news of NTC): Reason for deviation in EPS: EPS has been 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. - 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 29, 2024 at 03:00 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 National Tea Company Ltd. 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. (36.52) for October-December 2023 as against Tk. 0.14 for October-December 2022; EPS was Tk
(Q2 Un-audited): EPS was Tk. (36.52) for October-December 2023 as against Tk. 0.14 for October-December 2022; EPS was Tk. (40.40) for July-December 2023 as against Tk. 1.68 for July-December 2022.NOCFPS was Tk. (38.78) for July-December 2023 as against Tk. (8.99) for July-December 2022. NAV per share was Tk. (88.59) as on December 31, 2023 and Tk. (48.19) as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of NTC): Reasons for deviation in EPS: EPS has been decreased because of increasing cost and expenses, and decreasing turnover due to decreasing average sale price in auction market. (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 27, 2024 at 3:30 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.