Paramount Textile PLC. announcements
243 Dhaka Stock Exchange announcements for Paramount Textile PLC. (PTL) since 2013: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (18).
- Decision for investing in BMRE expansion and new project
The Company has informed that the Board of Directors has decided to invest for an amount of around USD 85.45 million for capital machineries, civil construction & other auxiliaries work for enhancing its production capacity which will generate extra around USD 07 Million/monthly revenue and the post import facilities will be settle down through foreign currency term loan facilities.
- Resumption after record date
Trading of the shares of the Company will resume on 21.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- 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 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 1.53 for July-September, 2021 as against Tk. 1.43 (restated) for July-September, 2020. NOCFPS was Tk. 1.63 for July-September, 2021 as against Tk. 2.22 (restated) for July-September, 2020. NAV per share was Tk. 28.67 as on September 30, 2021 and Tk. 27.24 as on June 30, 2021.
- 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 14, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Name Change and Increase of Authorized Capital
(Cont. of PTL): Name Change and Increase of Authorized Capital in accordance with the companies Act 1994 amendment 2020 and amendment in the relevant clauses of the Memorandum and Articles of Associations of the company be and are hereby approved subject to approval of Shareholders in the ensuing general meeting as well as other Regulators. (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 (31.10.2021) following its corporate declaration.
- Dividend Declaration
(Cont. of PTL): Reasons of Bonus Share: (a) Bonus shares have been recommended in view to utilize for business expansion (b) Bonus share is declared out of accumulated profit. (c) Bonus share is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the company, or through reducing paid up capital or through doing anything so that the post-dividend retained earning become negative or a debit balance. (end)
The first part of this announcement is missing from the archive. - Decision to invest by taking loan
The Company has informed that the Board of Directors have decided to invest an amount of USD 4.15 million for enhancing existing weaving capacity along with other auxiliary capacities through importing few capital machineries and the fund will be arranged by taking foreign currency (FC) long term loan from Pubali Bank Ltd.
- 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 28, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Query Response
In response to a DSE query dated October 12, 2021, 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.
- Decision to Land Purchase
The company has informed the Board of Directors has decided to purchase around 141 decimal land at Sreepur Pourashava, Gazipur by total BDT 2,80,00,000.00 only for the purpose of use production and other auxiliary activities.
- Q3 Financials
(cont. of PTL): Significant Variance: Being a 100% export oriented company, due to ongoing pandemic situation covid-19, business has been impacted, the reporting period revenue has decreased and subsequently EPS also decreased. (end)
The first part of this announcement is missing from the archive. - Reschedule Board Meeting under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that due to unavoidable circumstances a meeting of the Board of Directors will be held on May 11, 2021 at 3:00 PM instead of April 29, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- 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, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Execution of all formalities in connection with investment in ISPL
Refer to their earlier news disseminated by DSE on 16.11.2020 regarding Share Purchase Agreement of lntraco Solar Power Limited (ISPL), The company has further informed that they have executed all formalities and received Registered Power of Attorney (POA), signed Form-117 & other relating documents from the management of lntraco CNG Limited in respect of the rest 51% stake of lntraco Solar power Limited (ISPL).
- 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, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.