Ratanpur Steel Re-Rolling Mills Limited announcements
258 Dhaka Stock Exchange announcements for Ratanpur Steel Re-Rolling Mills Limited (RSRMSTEEL) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (21).
- Venue of AGM
The Company has further informed that the 30th AGM of the Company will be held at "The King of Chittagong" (In front of Panchlaish Thana), Panchlaish, Chittagong. Other information will remain unchanged.
- Resumption News
Normal trading of the shares of the Company will resume on 16.11.2015 after record date.
- Suspension News
Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2015.
- Q1 Financials
(Q1 Un-audited): EPS for July-September, 2015 was Tk. 1.36 as against Tk. 1.11 for July-September, 2014; NOCFPS was Tk. (0.83) for July-September, 2015 as against Tk. (5.44) for July-September, 2014. NAV per share was Tk. 46.99 as of September 30, 2015 and Tk. 51.59 as of September 30, 2014.
- 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 11.11.2015 to 12.11.2015. Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2015.
- Board Meeting
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 10, 2015 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (26.10.2015) following its corporate declaration.
- Board Meeting
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, 2015 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.
- Machineries Purchase
The Company has informed that the Board of Directors has decided to purchase machineries for increasing the production capacity to 3,57,200 metric ton per annum to meet the demand for RSRM X POWER TMT 500W re-bars. Agreement with suppliers will be signed on August 17, 2015 for supplying and commissioning of the machineries. The approximate cost to complete the modernization scheme will be Tk. 90.00 Crore and the modernization work is expected to be completed by December, 2016.
- Q3
Net Profit after tax from Jan15 to March15 was Tk. 68.74 million with EPS of Tk. 1.05 as against Tk. 42.07 million and Tk. 1.04 respectively for the same period of the previous year. Whereas Net Profit after tax from July14 to March15 was Tk. 192.73 million with EPS of Tk. 3.13 as against Tk. 123.85 million and Tk. 3.06 respectively for the same period of the previous year.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has assigned the Company as A+ in the long term and ECRL-2 in the short term along with a stable outlook to the Company based on audited financial statements up to June 30, 2014.
- Confirmation of sale by Sponsor/Director
Maksudur Rahman, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 3,73,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Declaration of sale by Sponsor/Director
Maksudur Rahman, one of the Sponsors/Directors of the Company, has expressed his intention to sell 3,73,000 shares (Bonus shares) out of his total holding of 1,52,38,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Confirmation of sale by Sponsor/Director
Maksudur Rahman, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 6,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Declaration of sale by Sponsor/ Director
Maksudur Rahman, one of the Sponsors/Directors of the Company, has expressed his intention to sell 6,00,000 shares (Bonus shares) out of his total holding of 1,58,38,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Confirmation of sale by Sponsor/Director
Md. Younus Bhuiyan, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 5,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier
- share buy/sell
Maksudur Rahman, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 20,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. Md. Younus Bhuiyan, one of the Sponsors/Directors of the Company, has expressed his intention to sell 5,00,000 shares (Bonus shares) out of his total holding of 54,18,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Company News
The Company has informed that it has signed an agreement with MAX Group represent by Max Automobile Products Ltd., for exclusively supplying 10,000 MT MS deformed bar (X power TMT 500W) which is equivalent to 10% of the yearly sales volume of the Company for constructing Akhtaruzzaman Chowdhury Flyover (5.2 Km long flyover from Muradpur to Lalkhan Bazar) at CDA Avenue Muradpur, Chittagong.
- Sponsors Share sell
Shamsun Nahar Rahman, one of the Sponsors/Directors of the Company, has further reported that she has completed her sale of 11,64,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sponsors intention to sell
Maksudur Rahman, one of the Sponsors/Directors of the Company, has expressed his intention to sell 20,00,000 shares (Bonus shares) out of his total holding of 1,78,38,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- will be placed in A category from existing N
The Company will be placed in A category from existing N category with effect from January 05, 2015 as the Company has reported disbursement of 5% cash dividend and 20% stock dividend for the year ended on June 30, 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.