Salvo Organic Industries PLC. announcements
250 Dhaka Stock Exchange announcements for Salvo Organic Industries PLC. (SALVO) since 2011: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (23).
- SALVOCHEM: Re-applying to BSEC for raising paid-up capital
Refer to the earlier news disseminated on 15.10.2024 regarding rejection of Bangladesh Securities and Exchange Commission on raising paid-up capital referring the news on 23.05.2024, the company has further informed that the Board of Directors of the company has decided to re-apply to the Bangladesh Securities and Exchange Commission with a new price of BDT 16 per share (including a premium of BDT 6 per share).
- SALVOCHEM: Resumption after Record Date
Trading of the shares of the company will resume on 24.11.2024.
- SALVOCHEM: Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 21.11.2024.
- SALVOCHEM: Emphasis of Matter
The auditor of the company has given the "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/SALVOCHEM_2024.pdf
- SALVOCHEM: 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 19.11.2024 to 20.11.2024 and trading of the shares will remain suspended on record date i.e., 21.11.2024.
- SALVOCHEM: Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.13 for July-September 2024 as against Tk. 0.74 for July-September 2023; NOCFPS was Tk. 0.85 for July-September 2024 as against Tk. 0.29 for July-September 2023. NAV per share was Tk. 16.39 as on September 30, 2024 and Tk. 16.24 as on June 30, 2024. (cont.1) (Continuation news of SALVOCHEM): Reasons for deviation: EPS has been decreased compared to the same period of previous year due to increase of production cost, high raw material price in local & import prices, inflation, currency devaluation, increase in energy (electricity) price and manufacturing overhead specially wages & allowance, fuel, carrying, packaging expenses etc. (cont.2)
Posted under the former code SALVOCHEM. - SALVOCHEM: Q1 Financials
(Continuation news of SALVOCHEM): As well as non-operating expenses increased due to bank interest rate changes from 9% to 15.50% which affected overall profitability of the Company. During this period NOCFPS increased due to increase of sales & collection from customers. As a result, net cash generated from operating activities has been increased compare to same period of previous year. (end)
The first part of this announcement is missing from the archive. - SALVOCHEM: 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 13, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- SALVOCHEM: Dividend Declaration
(Continuation news of SALVOCHEM): The company has also informed that increase in retained earnings, investment & capital-work in progress impacted in the increase of NAVPS during the year. (end)
The first part of this announcement is missing from the archive. - SALVOCHEM: Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.10.2024) following its corporate declaration.
- SALVOCHEM: 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 27, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- SALVOCHEM: Regarding raising of paid up capital
Refer to their earlier news disseminated by DSE on 23.05.2024 regarding raising paid up capital, Bangladesh Securities and Exchange Commission (BSEC) has further informed that BSEC was not in a position to accord consent, for issuance of 6,400,000 ordinary shares at Tk. 10 each amounting to Tk. 64,000.000.00 (Sixty-Four Crore Only) to the existing sponsors & directors of the company through private placement in cash consideration, for the greater interest of general investors.
- SALVOCHEM: Resumption after Record Date
Trading of the shares of the company will resume on 23.06.2024.
- SALVOCHEM: Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 20.06.2024 for EGM.
- SALVOCHEM: Spot for 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 from 13.06.2024 to 19.06.2024 and trading of the shares will remain suspended on record date i.e., 20.06.2024 for EGM.
- SALVOCHEM: Holding EGM for approval of fund raising and name change
(Cont. news of SALVOCHEM): approval of the regulatory authorities and the shareholders of the Company. Information regarding EGM: EGM date: 18 July 2024, Time: 11.30 a.m., Venue: EGM of the shareholders of the company will be held by using hybrid system in combination of physical presence of the shareholders at the venue: Institution of Diploma Engineers, Bangladesh, IDEB Bhaban, 160/A, Kakrail VIP Road, Dhaka- 1000, Bangladesh and online. Record date of the EGM: 20 June 2024. (end)
The first part of this announcement is missing from the archive. - SALVOCHEM: Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.66 for January-March 2024 as against Tk. 0.42 for January-March 2023; EPS was Tk. 1.97 for July 2023-March 2024 as against Tk. 1.42 for July 2022-March 2023. NOCFPS was Tk. 3.57 for July 2023-March 2024 as against Tk. 2.89 for July 2022-March 2023. NAV per share was Tk. 16.59 as on March 31, 2024 and Tk. 14.92 as on June 30, 2023.
- SALVOCHEM: 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 30, 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.
- SALVOCHEM: Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the company as 'BBB+' in the long term and 'ST-3' in the short term along with Stable outlook in consideration of its audited financials up to June 30, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- SALVOCHEM: Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
Posted under the former code SALVOCHEM. - SALVOCHEM: Q2 Financials
(Continuation news of SALVOCHEM): Reasons for deviation: EPS has been increased compared to the same period of previous year due to higher revenue in this period. During this period NOCFPS increased due to increase of sales & collection from customers. As a result, net cash generated from operating activities has been increased compared to same period of previous year. NAV has increased due to increase in sales revenue and increase in retained earnings. (end)
Posted under the former code SALVOCHEM. The first part of this announcement is missing from the archive. - SALVOCHEM: 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 31, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Posted under the former code SALVOCHEM. - SALVOCHEM: Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from January 02, 2024 as the Company has approved 5% Cash Dividend for the year ended June 30, 2023.
Posted under the former code SALVOCHEM.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.