Shurwid Industries Limited announcements
164 Dhaka Stock Exchange announcements for Shurwid Industries Limited (SHURWID) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (17).
- Category Change
The Company will be placed in 'A' category from existing 'N' category with effect from November 25, 2015 as the Company has reported disbursement of 15% stock dividend for the year ended on June 30, 2014.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers, Merchant Bankers and Portfolio Manager are requested not to provide loan facilities to purchase any security of Shurwid Industries Limited in between 1st to 30th trading day after change of categorization, starting from November 25, 2015 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- EGM & AGM
Normal trading of the shares of the Company will resume on 14.10.2015 after record date for EGM & AGM.
- AGM
The Company has further informed that, as per judgment passed by the Honorable High Court Division of the Supreme Court of Bangladesh in the Company matter No. 1/2015; their Board has recommended previously approved 15% stock dividend for the year ended June 30, 2014 subject to post-facto approval of the shareholders in the 10th AGM. Date of AGM: 29.10.2015, Time: 11:15 AM, Venue: Factory Premises, Bi Mile, Konabari, Gazipur. Record Date: 13.10.2015 (The shareholders, whose names would appear in the Register of Members of the Company and depository, shall be entitled to attend in the 10th AGM as the dividend already distributed by the Order of honorable high court). The Board has also appointed Mr. Zahedul Hoque, as the new Managing Director of the Company for next 5 years. They have also reported previously declared Net Profit of Tk. 51.52 million, EPS of Tk. 1.64, NAV per share of Tk. 20.22 and NOCFPS of Tk. 0.89 year ended on June 30, 2014 which was Tk. 34.22 million, Tk. 1.09, Tk. 14.11 and Tk. 0.56 for the year ended on June 30, 2013.
- Record Date for EGM & AGM
Trading of the shares of the Company will remain suspended on record date i.e., 13.10.2015 for EGM & AGM.
- 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 from 11.10.2015 to 12.10.2015. Trading of the shares of the Company will remain suspended on record date i.e., 13.10.2015 for EGM.
- Revised Record Date and EGM
Referring to their earlier news (disseminated by DSE on 01.10.15) regarding increasing their Authorized capital from Tk. 50.00 crore to Tk. 100.00 crore, the Company has further informed that they have revised the Record Date and EGM date. The new record Date will be 13.10.2015 and the New EGM date will be: 29.10.2015. Other information will remain unchanged.
- EGM for increasing Authorized Capital
In connection to the order of the Honorable High Court on the Company matter No. 1 of 2015, the Company has informed that the Board of Directors has decided to hold an EGM to increase the Authorized Capital of the Company from Tk. 50.00 crore to Tk. 100.00 crore by amending Clause V of the Memorandum of Association and some Articles of the Articles of Association of the Company subject to approval of the shareholders in the EGM. Date of EGM: 22.10.2015, Time of EGM: 10:15 AM, Venue: Factory Premises, Bi Mile, Konabari, Gazipur. Record Date for EGM: 15.10.2015.
- Query Response
In response to a CSE query dated August 27, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Query Response
In response to a CSE query dated June 22, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Query Response
In response to a DSE query dated May 20, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q3 Financials (Repeat)
(Repeat): (Q3-Unaudited): Net Profit after tax from Jan15 to March15 was Tk. 0.22 million with EPS of Tk. 0.005 as against Tk. 7.60 million and Tk. 0.24 respectively for the same period of the previous year. Whereas Net Profit after tax from July14 to March15 was Tk. 16.38 million with EPS of Tk. 0.40 as against Tk. 25.42 million and Tk. 0.81 respectively for the same period of the previous year.
- Q3
Net Profit after tax from Jan15 to March15 was Tk. 0.22 million with EPS of Tk. 0.005 as against Tk. 7.60 million and Tk. 0.24 respectively for the same period of the previous year. Whereas Net Profit after tax from July14 to March15 was Tk. 16.38 million with EPS of Tk. 0.40 as against Tk. 25.42 million and Tk. 0.81 respectively for the same period of the previous year.
- Half Yearly Financials
(H/Y Un-audited): Net profit after tax from July14 to Dec14 was Tk. 16.21 million with EPS of Tk. 0.43 as against Tk. 18.24 million and Tk. 0.58 respectively for the same period of the previous year. However, considering proposed 15% bonus share for the year 2014, consolidated restated basic EPS will be Tk. 0.36 from July14 to Dec14 as against Tk. 0.48 for the same period of the previous year. Whereas net profit after tax from Oct14 to Dec14 was Tk. 8.35 million with EPS of Tk. 0.22 as against Tk. 8.85 million and Tk. 0.28 respectively for the same period of the previous year. However, considering proposed 15% bonus share for the year 2014, consolidated restated basic EPS will be Tk. 0.19 from Oct14 to Dec14 as against Tk. 0.23 for the same period of the previous year.<a id="fck_paste_padding"></a>
- Company News
This is an information for all concerned that as per direction of Honourable High Court (based on lawyers certificate), the bonus shares (15%) of the company was credited through CDBL on January 20, 2015 for the year 2014. A person claiming as Company Secretary submitted compliance report on distribution of dividend on January 21, 2015. As per regulation 7(2) of the Dhaka Stock Exchange(Settlement of Transactions) Regulations, 2013, placement of a company in G or N or Z-category, as the case may be, shall be adjusted to A or B-category, as the case may be, on the day following the date of submission of compliance report with DSE. On the other hand, as per regulation 2(1) (a) of the aforesaid regulation A-category companies means companies which are regularin holding the annual general meetings and have declared dividend at the rate of ten percent or more in the last English calendar year. Hence, to be eligible for A category, the company must fulfill aforesaid conditions. Whereas, the status of holding of AGM is not yet certain from the lawyers certificate on the judgment of Court and the full Court order is yet to be received at DSEs end. As such, the companys category has not yet been changed.
- credited the bonus shares
The Company has credited the bonus shares for the year ended on June 30, 2014 to the respective shareholders BO Account on January 20, 2015.
- NAV
The company has informed that, the Board of Directors of the Company, in its Board meeting held on January 07, 2015 has elected Mr. Anis Ahmed as the Chairman of the Company for next five years and has appointed Mrs. Syeda Sayma as the new Managing Director for next five years. In addition, the Board has approved the filing of case no. 2 of 2015 dated 02/01/2015 at Dhanmondi Police Station and also approved the filing of an application under section 81 and section 85 (3) of the Companies Act, 1994 before the Honorable High Court Division of the Supreme Court of Bangladesh.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.