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 2024 (25).
- Resumption after Record date
Trading of the shares of the company will resume on 04.12.2024.
- Suspension for Record Date
Trading of the shares the company will remain suspended on record date i.e., 03.12.2024.
- Spot for AGM & 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 with cum benefit from 01.12.2024 to 02.12.2024 and trading of the shares will remain suspended on record date i.e., 03.12.2024 for AGM & EGM.
- Qualified Opinion and Emphasis of Matter
The auditor of the company has given the "Qualified Opinion" and "Emphasis of Matter" paragraph in the audited financial statement of the company for the year ended June 30, 2024. To view the details please visit: https://www.dsebd.org/Auditors_opinion/2024/November/PADMAOIL_2024.pdf
- Update of Information
The company has requested the shareholders to update the details (Shareholders Name, Routing Number to get Dividend through BEFTN system, BO ID Number, 12 digits e-TIN number) along with other information including contact address before the Record Date. (cont.1) (Cont. news of PADMAOIL): through email to [email protected] before 18th December 2024. 2) The hard copy shall be dispatched through the following address before 2d January 2025 at "Padma Bhaban", Strand Road, Sadarghat, Chattogram. (end) (Cont. news of PADMAOIL): The company has also requested the Brokerages/DPs/TREC Holders to provide the details information of Margin Loan Holders who are eligible to receive Cash Dividend for the year ended June 30, 2024 as follows: 1) To send soft copy of shareholders Name, BO ID Number, client wise Shareholding Position, Gross Dividend Receivable, applicable tax rate and net Dividend Receivable (cont.2)
- Dividend Declaration
The Board of Directors has recommended 140% Cash Dividend for the year ended June 30, 2024. Date of AGM: 11.01.2025, Time: 11:00 AM, Venue: Digital Platform. Record Date: 03.12.2024. The Company has also reported EPS of Tk. 41.59, NAV per share of Tk. 231.56 and NOCFPS of Tk. 63.82 for the year ended June 30, 2024 as against Tk. 35.58, Tk. 203.46 and Tk. (51.99) respectively for the year ended June 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (06.11.2024) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 12.67 for July-September 2024 as against Tk. 9.24 for July-September 2023; NOCFPS was Tk. 10.85 for July-September 2024 as against Tk. (5.38) for July-September 2023. NAV per share was Tk. 244.23 as on September 30, 2024 and Tk. 231.56 as on June 30, 2024.
- Regarding holding of EGM
The Company has informed that it has decided to change the name of the Company to "Padma Oil PLC" from "Padma Oil Company Limited" and amendment of the related clauses of the Memorandum & Articles of Association of the Company in accordance with the Section 11(K) of the Companies Act, 1994 (2nd Amendment 2020) subject to approval of shareholders as a special Resolution in the Extra Ordinary General Meeting (EGM), to be held on January 11, 2025 at 10:00 AM, and other regulatory bodies. (cont.) (cont. news of PADMAOIL): The record date of the EGM is on 03.12.2024. (end)
- 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 05, 2024 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended June 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 November 05, 2024 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Frist Quarter (Q1) period ended September 30, 2024.
- Appointment of Chairman
The company has informed that Mr. A K M Zafar Ullah Khan, Ex Secretary to the Government of Bangladesh has been appointed as the Chairman of the Board of Directors of the company with effect from 29.08.2024.
- Appointment of Managing Director
The company has informed that Engr. Md. Abdus Sobhan has been appointed as the Managing Director of the company with effect from August 15, 2024.
- Appointment of Managing Director
The company has informed that Mr. Md. Abdul Matin has been appointed as the Managing Director of the company with effect from August 11, 2024.
- Resume of Company Secretary of Padma Oil Company Limited
Refer to their earlier news disseminated by DSE on 23.05.2024 regarding Company Secretary in Charge, the company has further informed that Mr. Ali Absar, who had been at Saudi Arabia for performing Holy Hajj, has joined at the office on 02.07.2024 and will continue as Company Secretary of Padma Oil Company Ltd. His particular is as under: Name: Ali Absar; Designation: Company Secretary; Mobile Number: 01777703383; E-mail ID: [email protected].
- Company Secretary in Charge
The company has informed that since the existing Company Secretary Mr. Ali Absar will stay abroad from 19/05/2024 to 26/06/2024 to perform Holy Hajj, Mr. M.M. Mazibur Rahman will be in charge of Company Secretary in addition to his current duties. His particular is as under: Name: M.M. Mazibur Rahman, Designation: DGM (Dhaka) & Company Secretary (CC), Mobile Number: 01777703392, E-mail ID: [email protected].
- (Q3 Un-audited): EPS was Tk. 8.22 for January-March 2024 as against Tk. 6.27 for January-March 2023; EPS was Tk. 24.88 f
(Q3 Un-audited): EPS was Tk. 8.22 for January-March 2024 as against Tk. 6.27 for January-March 2023; EPS was Tk. 24.88 for July 2023-March 2024 as against Tk. 22.40 for July 2022-March 2023. NOCFPS was Tk. 3.08 for July 2023-March 2024 as against Tk. (56.31) for July 2022-March 2023. NAV per share was Tk. 214.85 as on March 31, 2024 and Tk. 203.46 as on June 30, 2023. (cont.)
- Q3 Financials
(Continuation news of PADMAOIL): Reasons for deviation in EPS and NOCFPS: EPS has been increased due to increase of Non-operating income against interest on deposits and also increase of sales margin as compared to last year's corresponding periods. NOCFPS has been increased due to increase of inventories. Besides, increase due from affiliated companies and Accounts receivable. (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 28, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- The company has informed that according to notification no. 28.00.0000.026.35.001.23.22 dated 7 March 2024 issued by the
The company has informed that according to notification no. 28.00.0000.026.35.001.23.22 dated 7 March 2024 issued by the Energy and Mineral Resources Department, Ministry of Power, Energy and Mineral Resources, Government of the People\'s Republic of Bangladesh, the oil marketing companies\' margin on sales of Diesel and Kerosene has been re-fixed per liter from Tk. 0.50 to Tk. 0.80, and (cont.)
- Regarding margin on sales
(Continuation news of PADMAOIL): Octane and Petrol per liter from Tk. 0.60 to Tk. 0.90 with effect from 8 March 2024. As a result, it is expected to increase the Company's gross earnings on petroleum products of Tk. 18.00 (Eighteen) crore only approximately in FY 2023-24 (From 8 March 2024 to 30 June 2024). (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, 2023 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 7.29 for October-December 2023 as against Tk. 8.92 for October-December 2022; EPS was Tk. 1
(Q2 Un-audited): EPS was Tk. 7.29 for October-December 2023 as against Tk. 8.92 for October-December 2022; EPS was Tk. 16.53 for July-December 2023 as against Tk. 16.13 for July-December 2022. NOCFPS was Tk. (73.84) for July-December 2023 as against Tk. (101.80) for July-December 2022. NAV per share was Tk. 220 as on December 31, 2023 and Tk. 203.46 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of PADMAOIL): Reasons for deviation in EPS and NOCFPS: EPS has increased due to increase of non-operating income as compared to last year's corresponding periods. NOCFPS has increased due to increase of payment to supplier in respect of buying POL products. (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 28, 2024 at 6:00 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.