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Meghna Petroleum approves 160pc dividend


Published : 10 Feb 2024 09:36 PM

The 9th special general meeting and 45th annual general meeting (AGM) of Meghna Petroleum Limited (MPL) has approved 160 percent cash dividend. 

 The meeting was held on Saturday morning through a virtual platform.

 The meeting was presided over by Secretary of Energy and Mineral Resources Department and Company's Board of Directors Chairman Md. Nurul Alam.

BPC and Company Director Khalid Ahmed, Retired Additional Secretary and Independent Director Md. Asmaul Hossain, Md. Khalilur Rahman, Abu Daiyan Mohammad Ahsanullah, Joint Secretary and Director of Finance Department Kazi Shahjahan, Deputy Secretary and Director of Energy and Mineral Resources Department Sheikh Mohammad Belayet Hossain, Director Abul Fazal Md Nafiul Karim, Shareholder Director Mohammad Jahangir Alam, Company Managing Director Md Tipu Sultan, Company Secretary Reza Md Riazuddin among others were present in the meeting.

 Virtually participation of all shareholders and general shareholders expressed their opinion online on audited financial statements and management report of the company for the accounting year and expressed their satisfaction with the overall performance of the company.

 In the meeting, the company's board of directors and all officers, employees and workers were satisfied with the overall activities as the company achieved a tax profit of Tk 442.13 crore and earned Tk 40.86 per share in the financial year 2022-23.  160 percent cash dividend declared for this financial year.