BSRM Steels Limited has approved 10 percent stock dividend & 10 percent cash dividend for the shareholders for the year 2018.
The approval was given at the 16th Annual General Meeting (AGM) of the company held at Shoronika Community Center in Chattogram on Monday.
Alihussain Akberali FCA, Chairman of the company presided over the meeting.
Audited accounts for the financial year 2017-18 along with the report of the Board of Directors were approved in the meeting. Shareholders of the company appointed the managing director (MD), directors & auditor for the year 2018-19.
Managing Director Aameir Alihussain presented the report of the Board of Directors and discussed various important issues of the company.
At the AGM, the shareholders unanimously approved 10 percent stock dividend and 10 percent cash dividend, earlier proposed by the Board of Directors of the bank.
Shareholders, present in the meeting expressed their confidence and trust over the Board of Directors of the company. Managing director, directors, company secretary along with a large number of shareholders were present at the meeting.