BD Post Business Desk
The 26th Annual General Meeting (AGM) of the Meghna Cement Mills Ltd, a concern of the Bashundhara Group was held at “Pushpogusso” hall of International Convention City, Bashundhara (ICCB) in Dhaka on Wednesday. A. R. Rashidi, Senior Adviser of the Bashundhara Group presided over the meeting, said .
Khawaja Ahmedur Rahman, Independent Director, on behalf of Board of Directors of the company Maynal Hossain Chowdhury, Adviser and Treasurer, Major General Mahboob Haider Khan (Rtd), Adviser, Mohammad Abu Tayeb, Adviser (Press and Media), Eng. Md. Mahbub-uz-Zaman, DMD (Cement Sector), Md. Toffail Hossain, CFO, M. Naseemul Hye FCS, Company Secretary of the Bashundhara Group and other senior executives, officials, statutory and compliance auditors and a large number of shareholders of the company were present.
In the annual general meeting, the directors’ report, auditors’ report and audited accounts of the listed company for the FY2017-2018 were approved by the shareholders. The shareholders also approved 10 percent stock dividend for the shareholders for FY2017-2018 as well as issuance of Tk 100 crore fully redeemable, non-convertible and non-listed preference shares.
A large number of shareholders participated in the discussion and expressed satisfaction over the declaration of bonus shares and thanked the board of directors for undertaking capacity expansion programme, protection of interest of shareholders and hoped that in the coming years the company will attain more success and its market share will increase further.