Tosrifa Industries Limited announcements
200 Dhaka Stock Exchange announcements for Tosrifa Industries Limited (TOSRIFA) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (18).
- Commencement of Partial Commercial Operation of BMRE Dyeing Unit
With reference to their earlier news disseminated by DSE on 02.10.2017 the company has further informed that the Board has decided to Commence the partial commercial operation of BMRE Dyeing unit of the Company located at Beraiderchala, Shreepur, Gazipur with effect from November 30, 2017.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" 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, 2017, unaudited financials up to September 30, 2017 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 21.11.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2017.
- 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 16.11.2017 to 19.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2017.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.22 for July-September, 2017 as against Tk. 0.31 for July-September, 2016; NOCFPS was Tk. 1.96 for July-September, 2017 as against Tk. 2.77 for July-September, 2016. NAV per share was Tk. 33.59 as on September 30, 2017 and Tk. 33.37 as on June 30, 2017.
- 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, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2017. Date of AGM: 28.12.2017, Time: 11:00 AM, Venue: Baridhara DOHS Convention Center, DOHS Baridhara, Dhaka Cantonment, Dhaka-1206. Record Date: 20.11.2017. The Company has also reported EPS of Tk. 1.32 NAV per share of Tk. 33.37 and NOCFPS of Tk. 1.85 for the year ended on June 30, 2017 as against Tk. 1.76, Tk. 33.25 and Tk. 1.02 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2017) following its corporate declaration.
- 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, 2017 at 11:00 AM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Commercial operation of expanded dyeing project
The Company has informed that it has conducted a Board Meeting regarding revised time schedule for commercial operation of expanded dyeing project financed with IPO fund and resolved the following: "Tosrifa Industries Limited has already utilized the full IPO fund for expanded TIL-BMRE Green Dyeing Project in accordance with the proper expense heads as per 14th AGM approved agenda. After completion of civil construction, machinery erection and necessary utilities connections; (cont.1) (Continuation news of TOSRIFA): commercial production will be started by November 2017 which was scheduled by September 2017 earlier. The meeting also decided to place this 2 (two) month delayed issues on next shareholders meeting (which will be held within December 2017) for post facto approval." (end) (Continuation news of TOSRIFA): now some of production facilities of the project are under trial operation. To start its commercial operation waiting to receive approval from concern authorities like bond customs for importing raw material, DoE certificate for environment clearance etc. The Board of Directors of the company has decided that after getting all approvals from the concern authorities and fine-tuning of all the machineries installed, (cont. 2)
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.22 for January-March, 2017 as against Tk. 0.47 for January-March, 2016; EPS was Tk. 1.04 for July, 2016-March, 2017 as against Tk. 1.33 for July, 2015-March, 2016. NOCFPS was Tk. 3.39 for July, 2016-March, 2017 as against Tk. 0.97 for July, 2015-March, 2016. NAV per share was Tk. 33.09 as of March 31, 2017 and Tk. 33.25 as of June 30, 2016.
- 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 27, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Query Response
In response to a DSE query dated March 21, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.50 for October-December, 2016 as against Tk. 0.45 for October-December, 2015; EPS was Tk. 0.81 for July-December, 2016 as against Tk. 0.86 for July-December, 2015. NOCFPS was Tk. 0.98 for July-December, 2016 as against Tk. 1.09 for July-December, 2015. NAV per share was Tk. 32.86 as of December 31, 2016 and Tk. 33.25 as of June 30, 2016.
- 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 29, 2017 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, 2016.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2016 to the respective shareholders ' Bank Account through BEFTN.
- Address Change of Registered and Share Office
The Company has informed that the Registered and Share office of the Company has been shifted to new address at 28-30, Kemal Ataturk Avenue, Ahmed Tower (Lift-16), Banani, Dhak-1213 with effect from January 10, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.