Shasha Denims PLC. announcements
191 Dhaka Stock Exchange announcements for Shasha Denims PLC. (SHASHADNIM) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (27).
- The Company has informed that it has shifted its Head Office to the new location at Shasha Denims Ltd., House# 08 (5th &
The Company has informed that it has shifted its Head Office to the new location at Shasha Denims Ltd., House# 08 (5th & 6th floor), Road# 04, DOHS, Banani, Dhaka-1206.
- Resumption after Record date
Trading of the shares of the company will resume on 20.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 19.11.2023.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.27 for July-September, 2023 as against Tk. 0.56 for July-September, 2022. Co
(Q1 Un-audited): Consolidated EPS was Tk. 0.27 for July-September, 2023 as against Tk. 0.56 for July-September, 2022. Consolidated NOCFPS was Tk. 0.56 for July-September, 2023 as against Tk. 0.44 for July-September, 2022. Consolidated NAV per share was Tk. 40.85 as on September 30, 2023 and Tk. 40.57 as on June 30, 2023. Reasons for deviation in EPS: a) Cost of goods sold increased remarkably during the period in comparison with same period of last year due to significant increase of Gas Bill, (cont.)
- Q1 Financials
(Continuation news of SHASHADNIM): Electricity Bill BEPZA lease rent and increase of other component of cost of production. On the other hand, selling price per yard was not increased in line with cost of goods sold. b) Financial expenses decreased during the period as a result of deconsolidation of Financial statement of Energis Power Corporation Ltd. (previously subsidiary company) in consolidated financial statements which was consolidated during the same period of last year. (end)
The first part of this announcement is missing from the archive. - 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 15.11.2023 to 16.11.2023 and trading of the shares will remain suspended on record date i.e., 19.11.2023.
- 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, 2023 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The Board of Directors has recommended 10\% Cash dividend for the year ended June 30, 2023. Date of AGM: 21.12.2023, Tim
The Board of Directors has recommended 10\% Cash dividend for the year ended June 30, 2023. Date of AGM: 21.12.2023, Time: 10:30 AM, Venue: Digital Platform. Record Date: 19.11.2023. The Company has reported Consolidated EPS of Tk. 1.40, Consolidated NAV per share of Tk. 40.57 and Consolidated NOCFPS of Tk. 12.72 for the year ended June 30, 2023 as against Tk. (5.75), Tk. 40.23, and Tk. (7.66) respectively for the year ended June 30, 2022. (cont.1)
- (Continuation news of SHASHADNIM): The Board also decided to Issue Redeemable, Cumulative, Non-Convertible, and Non-part
(Continuation news of SHASHADNIM): The Board also decided to Issue Redeemable, Cumulative, Non-Convertible, and Non-participate Preference Shares amounting up to BDT 1000 million to refinance the existing loans with preference shares subject to approval from shareholders of the company in the AGM and Bangladesh Securities and Exchange Commission. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of SHASHADNIM): In this regard authorized capital will be increased from BDT 225,00,00,000.00 (divide
(Continuation news of SHASHADNIM): In this regard authorized capital will be increased from BDT 225,00,00,000.00 (divided into 20,00,00,000 ordinary shares of Tk. 10 and 2,50,00,000 redeemable preference shares of Tk. 10 each) to BDT 300,00,00,000.00 only (divided into 20,00,00,000 ordinary shares of Tk. 10 each and 10,00,00,000 redeemable preference shares of Tk. 10). (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of SHASHADNIM): Reason for Significant deviation of Consolidated EPS and NOCFPS: a) During the year C
(Continuation news of SHASHADNIM): Reason for Significant deviation of Consolidated EPS and NOCFPS: a) During the year Consolidated Earnings Per Share of the Company comes from income of SDL and other of its Subsidiary Companies. But during the last year SDL recognized impairment loss of fixed assets/inventory of Energis Power Corporation Limited (a subsidiary company of Shasha Denims Ltd.). (cont.4)
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 (29.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration & Decision to Issue Preference Shares
(Continuation news of SHASHADNIM): b) Consolidated operating cash flow mainly increased due to collection of receivable and usages of previous purchased inventory during the year. (end)
The first part of this announcement is missing from the archive. - 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 26, 2023 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the entity surveillance rating of the Company as \"AA3\"
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the entity surveillance rating of the Company as \"AA3\" in the long term and \"ST-2\" in the short term along with Stable outlook based on audited financial statements up to June 30, 2022; unaudited financial statements up to March 31, 2023; bank liability position as on May 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the company will resume on 14.05.2023.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 11.05.2023 for EGM.
- 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 09.05.2023 to 10.05.2023 and trading of the shares will remain suspended on record date i.e., 11.05.2023 for EGM.
- (Q3 Un-audited): Consolidated EPS was Tk. 0.03 for January-March 2023 as against Tk. 0.55 for January-March 2022; Consol
(Q3 Un-audited): Consolidated EPS was Tk. 0.03 for January-March 2023 as against Tk. 0.55 for January-March 2022; Consolidated EPS was Tk. 1.36 for July 2022-March 2023 as against Tk. 1.45 for July 2021-March 2022. Consolidated NOCFPS was Tk. 12.21 for July 2022-March 2023 as against Tk. 4.57 for July 2021-March 2022. Consolidated NAV per share was Tk. 40.53 as on March 31, 2023 and Tk. 40.23 as on June 30, 2022. (cont.)
- Q3 Financials
(Continuation news of SHASHADNIM): Reasons for significant deviation in EPS and NOCFPS: EPS has been decreased due to increase of financial expenses (exchange loss) and increase of income tax. NOCFPS has been increased due to SDL collected/ generated significant amount of cash from accounts receivable and inventory. (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 30, 2023 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- The company has informed that the Board of Directors of the company has decided to hold an EGM to take shareholders\' ap
The company has informed that the Board of Directors of the company has decided to hold an EGM to take shareholders\' approval for investment in GA Garments Ltd. (where directors have common interest). Details of the decision in this regard are as under: Agenda for the EGM: Investment in Shares of GA Garments Limited in exchange of Assets of Shasha Denims Ltd. under vendor\'s agreement, remaining amount will be paid through bank transfer. (cont.)
- Decision to invest in GA Garments Ltd. and expand production capacity
(Continuation news of SHASHADNIM): Date and time of EGM: 05.06.2023 at 10:30 AM, Record date for EGM: 11.05.2023, Venue of the EGM: Digital Platform. The company has further informed that the Board of Directors also decided to expand its production capacity by installing 105 loom machines in BEPZA allotted plots nos 289-292 at DEPZ. (end)
The first part of this announcement is missing from the archive. - (Q2 Un-audited): Consolidated EPS was Tk. 0.77 for October-December 2022 as against Tk. 0.47 for October-December 2021;
(Q2 Un-audited): Consolidated EPS was Tk. 0.77 for October-December 2022 as against Tk. 0.47 for October-December 2021; Consolidated EPS was Tk. 1.33 for July-December 2022 as against Tk. 0.91 for July-December 2021.Consolidated NOCFPS was Tk. 4.59 for July-December 2022 as against Tk. (2.30) for July-December 2021. Consolidated NAV per share was Tk. 40.50 as on December 31, 2022 and Tk. 40.23 as on June 30, 2022. Reasons for deviation in EPS and NOCFPS: Gross Profit (cont.)
- Q2 Financials
(Continuation news of SHASHADNIM): of the Company was increased as the Company utilized cost benefits of earlier imported raw materials. Shasha Garments Ltd. (associate company) and EOS Textile Mills Ltd. (subsidiary company) have also contributed significantly for increasing consolidated earnings of the Company. During the period, the Company deferred a significant amount of its import liability in the next quarter as a result consolidated NOCFPS has been increased significantly. (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, 2022 to the respective shareholders.
- 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 30, 2023 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.