Padma Oil PLC. announcements
295 Dhaka Stock Exchange announcements for Padma Oil PLC. (PADMAOIL) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (31).
- Change of AGM Date and Time.
The Company has further informed that the 53rd AGM of the Company will be held on January 01, 2023 at 3.00 PM instead of January 21, 2023 at 11.00 AM. Other information of the AGM will remain unchanged.
- Resumption after record date
Trading of the shares of the Company will resume on 06.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2022.
- 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 01.12.2022 to 04.12.2022. Trading of the shares will remain suspended on record date i.e., 05.12.2022.
- The auditor of the Padma Oil Co. Ltd. has given the \"Emphasis of Matters\" paragraphs in the Auditor\'s Report for the
The auditor of the Padma Oil Co. Ltd. has given the \"Emphasis of Matters\" paragraphs in the Auditor\'s Report for the year ended 30 June 2022. Emphasis of Matters: We draw attention following matters of the financial statements; 1. We draw attention to Note: 22 \"Unclaimed Dividend\" of the financial statements, which describes that the Company has transferred an amount of Tk. 124,956,044.90 on 27 September 2021 to Bangladesh Securities and Exchange Commission (cont.1)
- (Continuation news of PADMAOIL): (Capital Market Stabilization Fund) as per notification no- BSEC/CMRRCD/2021-391/20/Adm
(Continuation news of PADMAOIL): (Capital Market Stabilization Fund) as per notification no- BSEC/CMRRCD/2021-391/20/Admin/121 dated 14 January 2021 to fulfil its requirement to transfer the unclaimed dividend remained unpaid for three (3) years or more. The company has not yet transferred unclaimed dividend Tk. 16,071,179.00 for the year ended 30 June 2018 which has remained unpaid more than three (3) years to comply aforesaid BSEC notification. The Company yet to formulate dividend distribution (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of PADMAOIL): policy which is required to be disclosed in its annual report and official website. The
(Continuation news of PADMAOIL): policy which is required to be disclosed in its annual report and official website. The Company formed a committee on 02 October 2022 to finalize the dividend distribution policy. 2. We further draw attention to Note: 19 \"Supplies and expenses payable\" to the financial statements relating to duty, rate and taxes which includes Tk. 350,695.56 as lease rent for the year from 1981 to 1991 against 1.19 acres of land with Military Estate Officer (MOE). (cont.3)
The first part of this announcement is missing from the archive. - Emphasis of Matters
(Continuation news of PADMAOIL): Lease agreement with MOE had already been expired in the year 2010 and yet to be renewed. Moreover, no provision regarding lease rent for the year 2011 to 2022 was recognized in the FSs under the report. Our opinion is not modified in respect of these matters. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 7.20 for July-September 2022 as against Tk. 5.75 for July-September 2021; NOCFPS was Tk. (5.24) for July-September 2022 as against Tk. 26.86 for July-September 2021. NAV per share was Tk. 187.58 as on September 30, 2022 and Tk. 180.38 as on June 30, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (09.11.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Dividend Declaration
The Board of Directors has recommended 125% cash dividend for the year ended June 30, 2022. Date of AGM: 21.01.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 05.12.2022. The Company has also reported EPS of Tk. 24.47, NAV per share of Tk. 180.38 and NOCFPS of Tk. 98.15 for the year ended June 30, 2022 as against Tk. 23.27, Tk. 168.41 and Tk. 2.73 respectively for the same period of the previous year.
- 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 08, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- 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 November 08, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Agreement to transfer responsibility of Cox's Bazar Aviation Depot
The Company has informed that an agreement has been signed between Padma Oil Company Ltd. and Standard Asiatic Oil Company Ltd. to transfer the responsibility of operating Cox's Bazar Aviation Depot from Standard Asiatic Oil Company Ltd. to Padma Oil Company Ltd.
- Appointment of Managing Director
The Company has informed that Mr. Md. Abu Saleh Iqbal has been appointed as the Managing Director of the Company with effect from May 22, 2022.
- (Q3 Un-audited): EPS was Tk. 5.17 for January-March 2022 as against Tk. 5.03 for January-March 2021; EPS was Tk. 16.84 f
(Q3 Un-audited): EPS was Tk. 5.17 for January-March 2022 as against Tk. 5.03 for January-March 2021; EPS was Tk. 16.84 for July 2021-March 2022 as against Tk. 16.23 for July 2020-March 2021. NOCFPS was Tk. 83.38 for July 2021-March 2022 as against Tk. 11.21 for July 2020-March 2021. NAV per share was Tk. 172.75 as on March 31, 2022 and Tk. 168.41 as on June 30, 2021. (cont.)
- Q3 Financials
(Continuation news of PADMAOIL): EPS has been increase of operating income against products handling and also increase of sales volume as compared to last years corresponding periods. NOCFPS has been increased due to increase of sales. Besides, in exchange of buying POL products from the supplier is not payed fully increase due to affiliated companies.
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, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- Signed an Agreement with LUKOIL Marine Lubricants DMCC, UAE
The Company has informed as decided by its Board of Directors that an agreement has been signed between Padma Oil Company Limited and LUKOIL Marine Lubricants DMCC, Registered office: 1506-1507, 15th Floor, JBC-4 Tower, Cluster N; JUMERIAH LAKE TOWERS, DUBAI, UAE on 28/02/2022 at 5.00 pm to market LUKOIL brand lubricants. The Company has further informed that due to the signed agreement the Company's income from lubricants sales will increase subject to sales of LUKOIL lubricants.
- Change the time of AGM
The Company has further informed that the 52nd AGM of the Company will be held on February 26, 2022 at 3:00 PM virtually by using Digital Platform instead of earlier declared time of 11:00 AM on February 26, 2022. Other information of the AGM will remain unchanged.
- (Continuation news of PADMAOIL): The company has further informed that EPS of the Company has been increased due to incr
(Continuation news of PADMAOIL): The company has further informed that EPS of the Company has been increased due to increase of operating income against products handling and also increase of sales volume. Operating cash inflow has been increased due to increase of sales. Besides, in exchange of buying POL products from the supplier is not payed fully i.e. increase due to affiliated companies. (end)
The first part of this announcement is missing from the archive. - Q2 Financials
(Q2 Un-audited): EPS was Tk. 5.92 for October-December 2021 as against Tk. 4.80 for October-December 2020; EPS was Tk. 11.67 for July-December 2021 as against Tk. 11.20 for July-December 2020. NOCFPS was Tk. 13.61 for July-December 2021 as against Tk. (46.70) for July-December 2020. NAV per share was Tk. 180.08 as on December 31, 2021 and Tk. 168.41 as on June 30, 2021. (Cont.)
- The Company has informed that a contract has been signed between Padma Oil Company Limited and NDE-TEAL JV to construct
The Company has informed that a contract has been signed between Padma Oil Company Limited and NDE-TEAL JV to construct a building on Company\'s owned land to implement the project of \"Construction of 12 (G and 11) Storied Modern Residential cum commercial office building with 02 (two) basements of Padma Oil Company Limited at 6, paribagh, Dhaka\".
- The Company has requested the concerned Brokerage Houses are requested to provide the statement of their margin loan hol
The Company has requested the concerned Brokerage Houses are requested to provide the statement of their margin loan holders with the details (shareholder\'s name, BO ID Number, client wise shareholding position, gross dividend receivables, applicable tax rate and net dividend receivables) who hold the shares of the Company, as on the record date i.e. 20.01.2022, (cont.)
- 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, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021
- Update of Information
(Continuation news of PADMAOIL): through e-mail [email protected] in Excel format followed by hard copy to the Company's share office (Padma Bhaban, Strand Road, Sadarghat, Chattogram-4000) on or before February 07, 2022. The brokerage houses are also requested to provide their bank account name and number, routing number etc. (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 23.01.2022 after record date.
- Appointment of Chairman
The Company has informed that Mr. Md. Mahbub Hossain, Senior Secretary, Energy & Mineral Resources Division has been appointed as the Chairman of the Board of Directors of the Company with effect from January 03, 2022.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 20.01.2022.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 18.01.2022 to 19.01.2022. Trading of the shares of the Company will remain suspended on record date i.e., 20.01.2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.