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 2018 (22).
- Date, Time and Venue of the AGM
The Company has further informed that the 16th AGM of the Company will be held on December 31, 2018 at 10:00 AM in Baridhara DOHS Convention Center, DOHS Baridhara, Dhaka Cantonement, Dhaka. Other information of the earlier disclosure will remain unchanged.
- Sale Confirmation of a Director
Mrs. Lyra Rizwana Hassan, one of the Directors of the Company, has further reported that she has completed her sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 27.11.2018.
- Sale Declaration of a Director
Mrs. Anjuman Ara Begum, one of the Directors of the Company, has expressed her intention to sell 7,00,000 shares out of her total holding of 67,41,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
- 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, 2018, unaudited financials up to September 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Sale Declaration of a Director
Mrs. Lyra Rizwana Hassan, one of the Directors of the Company, has expressed her intention to sell 1,00,000 shares out of her total holding of 67,41,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2018 after record date.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.11 for July-September, 2018 as against Tk. 0.22 for July-September, 2017; NOCFPS was Tk. 1.76 for July-September, 2018 as against Tk. 1.96 for July-September, 2017. NAV per share was Tk. 33.75 as on September 30, 2018 and Tk. 33.64 as on June 30, 2018.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- 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 14.11.2018 to 15.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- 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, 2018 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
- Dividend Declaration
The Board of Directors has recommended 5% cash and 5% stock dividend for the year ended on June 30, 2018. Date, Time & Venue of AGM: Will be notified later on. Record Date: 18.11.2018. The Company has also reported EPS of Tk. 1.27, NAV per share of Tk. 33.64 and NOCFPS of Tk. 1.88 for the year ended on June 30, 2018 as against Tk. 1.32, Tk. 33.37 and Tk. 1.85 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 (29.10.2018) 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, 2018 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Accepted the term loan facility and got natural gas connection
(Correction): Please disregard the word competition in the second para of the news disseminated today which is inadvertently typed, hence the word will be completion instead of competition. (end) The Company has informed that the Company has accepted the sanction of Infrastructure Development Company Limited (IDCOL) for up-to BDT 109.03 million term loan facility for energy efficient machinery at 5% interest rate for tenor of 6 years with moratorium period of 18 months which will be financed by fund of Japan International Cooperation Agency (JICA). (cont). (Continuation news of TOSRIFA): The dyeing project financed by IPO fund has got the natural gas connection and after competition of gas boiler erection the dyeing unit will run its operation by natural gas from Titas Gas Transmission and Distribution Company Limited immediately. (end)
- Query Response
In response to a DSE query dated August 06, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Query Response
In response to a DSE query dated July 04, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.11) for January-March 2018 as against Tk. 0.22 for January-March 2017; EPS was Tk. 0.51 for July 2017-March 2018 as against Tk. 1.04 for July 2016-March 2017. NOCFPS was Tk. 0.78 for July 2017-March 2018 as against Tk. 3.39 for July 2016-March 2017. NAV per share was Tk. 32.89 as on March 31, 2018 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 April 27, 2018 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Emphasis of Matter & Other Matter
Emphasis of Matter & Other Matter: The auditor of the company has given the following "Emphasis of Matter" & "Other Matter" paragraph in the audit report of the company for the year ended on 30 June 2017. Emphasis of Matter: We draw attention to Note 4.06 to the financial statements where management explains the rationale behind changing the reporting period of the company to 1 July to 30 June from 1 January to 31 December (Cont. 1) (Continuation news of TOSRIFA): Other Matter: The financial statements of Tosrifa Industries Limited for the year ended 30 June 2016, was audited by Hussain Farhad & Co., Chartered Accountants who expressed unqualified opinion on those statements on 30 October 2016. (End). (Continuation news of TOSRIFA): Therefore, the comparative figures presented in the financial statement of the company latest Financial Position date except Statement of Profit or Loss and Other Comprehensive Income and Statement of Cash Flows. And we also noted that the comparative figures presented unaudited period from 01 July 2015 to 31 December 2015 in Statement of Profit or Loss and Other Comprehensive Income and Statement of Cash Flows. (Cont. 3) (Continuation news of TOSRIFA): pursuant to changes in the provision of Section 2(35) of the Income Tax Ordinance, 1984 following the enactment of the Finance Act, 2015. The company had prepared the financial statements for the period from 01 January 2016 to 30 June 2016 (6 months), to comply uniform year ending of all companies (Except bank and financial institution) as on 30 June. (Cont. 2)
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.40 for October-December, 2017 as against Tk. 0.50 for October-December, 2016; EPS was Tk. 0.62 for July-December, 2017 as against Tk. 0.81 for July-December, 2016. NOCFPS was Tk. 0.87 for July-December, 2017 as against Tk. 0.98 for July-December, 2016. NAV per share was Tk. 32.99 as on December 31, 2017 and Tk. 33.37 as on June 30, 2017.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash dividend for the year ended on June 30, 2017 to the respective shareholders' Bank Accounts through BEFTN System.
- 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, 2018 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, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.