Business Desk :
20th Annual General Meeting (AGM) of Marico Bangladesh Limited (MBL) was held virtually on Wednesday. Saugata Gupta, Chairman of the Board of Directors of Marico Bangladesh Limited, presided over the meeting. Ashish Goupal, Managing Director of Marico Bangladesh together with the members of the Board, Independent Directors Rokia Afzal Rahman, Masud Khan, Ashraful Hadi and Directors Sanjay Mishra, Vivek Karve and other management officials of the company were present, said a press release.
A large number of shareholders attended virtually at the meeting wherein all proposed agenda were unanimously passed as per Notice.
20th Annual General Meeting (AGM) of Marico Bangladesh Limited (MBL) was held virtually on Wednesday. Saugata Gupta, Chairman of the Board of Directors of Marico Bangladesh Limited, presided over the meeting. Ashish Goupal, Managing Director of Marico Bangladesh together with the members of the Board, Independent Directors Rokia Afzal Rahman, Masud Khan, Ashraful Hadi and Directors Sanjay Mishra, Vivek Karve and other management officials of the company were present, said a press release.
A large number of shareholders attended virtually at the meeting wherein all proposed agenda were unanimously passed as per Notice.
The major agenda of the AGM were: adoption of the Director’s Report and Auditor’s Report along with the Audited Financials of 2019-2020, declaration of Final Dividend for the year ended March 31, 2020, re-election & appointment of the Directors and appointment of Statutory Auditors.
During the AGM, a final cash dividend of 200 per cent (equivalent to Tk. 20 per share) was confirmed and approved.
Speaking about the performance of the company Saugata Gupta said that the Company’s net profit after tax stood at BDT 265 crores with a top line of BDT 980 crores. Consequently, the earnings per share (EPS) stood at BDT 84.01.
Gupta also updated the shareholders that in the last financial year, the company has contributed BDT 327 crores to the National Exchequer in taxes, VAT and duties.
During the AGM, a final cash dividend of 200 per cent (equivalent to Tk. 20 per share) was confirmed and approved.
Speaking about the performance of the company Saugata Gupta said that the Company’s net profit after tax stood at BDT 265 crores with a top line of BDT 980 crores. Consequently, the earnings per share (EPS) stood at BDT 84.01.
Gupta also updated the shareholders that in the last financial year, the company has contributed BDT 327 crores to the National Exchequer in taxes, VAT and duties.
