DSE News Archive of Dhaka Stock Market

Thu, 6th February 2025

4:04 am

Credit Rating Result

Credit Rating Information and Services Limited (CRISL) has assigned the rating of 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, 2024; unaudited financials up to September 30, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Sun, 2nd February 2025

4:04 am

Q2 Financials

(Cont. News of DESCO): Reasons for deviation: EPS has increased as a result of higher distribution revenue, while NOCFPS has increased as a result of higher distribution revenue collection. (end)

Sun, 2nd February 2025

4:04 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.66 for October-December 2024 as against Tk. (1.10) for October-December 2023; EPS was Tk. (0.15) for July-December 2024 as against Tk. (4.92) for July-December 2023. NOCFPS was Tk. 2.88 for July-December 2024 as against Tk. 2.51 for July-December 2023. NAV per share was Tk. 37.79 as on December 31, 2024 and Tk. 37.92 as on June 30, 2024. (cont.)

Sun, 26th January 2025

7:54 am

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, 2025 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2024.

Thu, 21st November 2024

7:04 am

Resumption after Record Date

Trading of the shares of the company will resume on 24.11.2024.

Wed, 20th November 2024

6:39 am

Suspension for Record Date

Trading of the shares of the company will remain suspended on record date i.e., 21.11.2024.

Mon, 18th November 2024

7:14 am

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 19.11.2024 to 20.11.2024 and trading of the shares will remain suspended on record date i.e., 21.11.2024.

Thu, 14th November 2024

4:04 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. (0.81) for July-September 2024 as against Tk. (3.82) for July-September 2023; NOCFPS was Tk. 2.15 for July-September 2024 as against Tk. 2.94 for July-September 2023. NAV per share was Tk. 37.12 as on September 30, 2024 and Tk. 37.92 as on June 30, 2024. EPS has been increased due to increase in distribution revenue.

Sun, 10th November 2024

6:19 am

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 13, 2024 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.

Mon, 4th November 2024

8:09 am

Appointment of Managing Director

The company has informed that Brig. Gen. Shameem Ahmed, NDC, PSC (Retd.) joined as Managing Director of the company on October 30, 2024.

Sun, 27th October 2024

5:59 am

Qualified Opinion and Emphasis of Matters

The auditor of the company has given the "Qualified Opinion" and "Emphasis of Matters" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/October/DESCO_2024.pdf

Tue, 15th October 2024

4:04 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (15.10.2024) following its corporate declaration.

Tue, 15th October 2024

4:04 am

Dividend Declaration

(Continuation news of DESCO): The company has also informed that it incurred loss in current year and retained earnings is negative, as such the Board of Directors could not be able to recommend any dividend this year. EPS has improved marginally as distribution revenue grew slightly and foreign exchange fluctuation losses decreased. (end)

Tue, 15th October 2024

4:04 am

Dividend Declaration

The Board of Directors has recommended No dividend for the year ended June 30, 2024. Record Date: 21.11.2024. Date of AGM: 25.01.2025, Time:10:00 AM. Venue: Digital Platform. The Company has also reported EPS of Tk. (12.72), NAV per share of Tk. 37.92 and NOCFPS of Tk. 15.49 for the year ended June 30, 2024 as against Tk. (13.61), Tk. 50.62 and Tk. 8.72 respectively for the year ended June 30, 2023. (cont.)

Wed, 9th October 2024

7:04 am

Reschedule of Board Meeting under LR 19(1)

The Company has further informed that, due to unavoidable circumstances, the Board meeting under Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on October 14, 2024 instead of October 10, 2024 to consider, among others, audited financial statements of the Company for the year ended June 30, 2024. Other things of the meeting will remain unchanged.

Thu, 3rd October 2024

10:31 am

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 10, 2024 at 05:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.

Wed, 10th July 2024

10:32 am

BSEC's consent to issue Irredeemable Non-Cumulative Preference Shares

(Cont. news of DESCO): represented by Secretary, Power Division, Ministry of Power, Energy and Mineral Resources against GOB equity. (end)

Wed, 10th July 2024

10:32 am

BSEC's consent to issue Irredeemable Non-Cumulative Preference Shares

The company has informed that Bangladesh Securities and Exchange Commission (BSEC) has accorded its consent for issuance of 60,76,93,513 (Sixty crore seventy-six lac ninety-three thousand five hundred thirteen) number of Irredeemable Non-Cumulative Preference Shares of Tk. 10 each at par totaling Tk. 6,076,935,130.00 (Six hundred and seven crores sixty-nine lac thirty-five thousand one hundred and thirty) in favor of Government of Bangladesh (cont.)

Thu, 27th June 2024

4:05 am

Appointment of Chairman

The company has informed that Dr. Syed Masum Ahmed Choudhury, ndc, Additional Secretary of Government of the People's Republic of Bangladesh has been appointed as the Chairman of the Board of Directors of the Company with effect from 26.06.2024.

Tue, 4th June 2024

4:35 am

Dividend Disbursement

The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.

Thu, 2nd May 2024

4:04 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. (1.89) for January-March 2024 as against Tk. (3.65) for January-March 2023; EPS was Tk. (6.81) for July 2023-March 2024 as against Tk. (3.44) for July 2022-March 2023. NOCFPS was Tk. 1.99 for July 2023-March 2024 as against Tk. 1.75 for July 2022-March 2023. NAV per share was Tk. 43.51 as on March 31, 2024 and Tk. 50.62 as on June 30, 2023.

Sun, 28th April 2024

5:40 am

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 30, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.

Sun, 28th January 2024

5:54 am

Q2 Financials

(Continuation news of DESCO): EPS has been decreased significantly due to foreign exchange fluctuation loss and sharp fall in distribution revenue due to the disproportional increase in bulk and retail tariff. (electricity price). NOCFPS has been decreased due to decrease in distribution revenue and higher payment to suppliers. (end)

Sun, 28th January 2024

5:54 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. (1.10) for October-December 2023 as against Tk. (0.08) for October-December 2022; EPS was Tk. (4.92) for July-December 2023 as against Tk. 0.21 for July-December 2022. NOCFPS was Tk. 2.51 for July-December 2023 as against Tk. 3.59 for July-December 2022. NAV per share was Tk. 45.72 as on December 31, 2023 and Tk. 50.62 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)

Tue, 23rd January 2024

4:39 am

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 27, 2024 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.

Tue, 9th January 2024

4:39 am

Credit Rating Result

Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as "A" in the long term and "ST-3" for short term along with a Stable outlook in consideration of its audited financials up to June 30, 2023 also unaudited financials up to September 30, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Wed, 6th December 2023

4:30 am

Special resolution to place in AGM in order to issue preference shares

(Continuation news of DESCO): Dividend of Preference share = [Preference Share Capital / (Ordinary Share Capital + Preference share capital)] * 15% of the Net Profit After Tax. (end)

Wed, 6th December 2023

4:30 am

Special resolution to place in AGM in order to issue preference shares

(Continuation news of DESCO): Tk. 607,69,35,130 in favour of Secretary, Power Division, Ministry of Power, Energy and Mineral Resources (MPEMR), Government of Bangladesh with following dividend rate against GoB Equity as per letter Power Division, MPEMR under memo no-27.00.0000.088.36.002.20.648 Dated- 11/09/2023 subject to approval of the Bangladesh Securities and Exchange Commission (BSEC) and complying with relevant laws and rules etc. (cont.3)

Wed, 6th December 2023

4:30 am

Special resolution to place in AGM in order to issue preference shares

(Continuation news of DESCO): Tk. 2000,00,00,000 divided into 50,00,00,000 ordinary shares amounting Tk. 500,00,00,000 of Tk. 10 each and 150,00,00,000 preference shares amounting Tk. 1,500,00,00,000 of Tk. 10 each. b. Resolved that the consent of the members of the company be and is hereby accorded for issuance of the 60,76,93,513 nos of Irredeemable Non-Cumulative Preference Share of Tk. 10 each amounting (cont.2)

Wed, 6th December 2023

4:30 am

Special resolution to place in AGM in order to issue preference shares

The company has informed that the Board of Directors of the company in its meeting held on 05 December 2023 recommended some special resolutions for adoption of the shareholders in next Annual General Meeting in order to issue Preference Shares against GOB equity. a. Clause III(c)(8)(v) of Memorandum of Association and Clause 8 of Articles of Association of the company: Proposed: The Authorized Shares Capital of the Company is only (cont.1)

Thu, 23rd November 2023

6:25 am

Resumption after Record date

Trading of the shares of the company will resume on 26.11.2023.

Thu, 23rd November 2023

5:10 am

Change of contact details of Company Secretary

The Company has updated the contact number for the Company Secretary, which is now 02-8900330, replacing the previous one.

Wed, 22nd November 2023

5:55 am

Suspension for Record Date

Trading of the shares of the company will remain suspended on record date i.e., 23.11.2023.

Mon, 20th November 2023

6:50 am

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 21.11.2023 to 22.11.2023 and trading of the shares will remain suspended on record date i.e., 23.11.2023.

Sun, 19th November 2023

4:04 am

Qualified Opinion and Emphasis of Matter

The auditor of the company has given the "Qualified Opinion and Emphasis of Matter" paragraphs in the Auditor's Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/EM%20of%20Dhaka%20Electric%20Supply%20Company%20Limited%20(DESCO)%20for%20the%20year%20ended%20on%2030%20June%202023..pdf

Wed, 15th November 2023

4:04 am

Q1 Financials

(Cont. News of DESCO): EPS has decreased due to foreign exchange fluctuation loss and sharp fall in distribution revenue due to the disproportional increase in bulk and retail tariff (electricity price). In the un-audited financial period, bulk tariff increased by 28.08% while retail tariff increased by 15.76%. NOCFPS has been decreased due to lower receipt from distribution revenue. (end)

Wed, 15th November 2023

4:04 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. (3.82) for July-September 2023 as against Tk. 0.29 for July-September 2022; NOCFPS was Tk. 2.94 for July-September 2023 as against Tk. 5.82 for July-September 2022. NAV per share was Tk. 46.81 as on September 30, 2023 and Tk. 50.62 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)

Thu, 9th November 2023

7:35 am

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, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.

Wed, 25th October 2023

6:45 am

Announcement of 27th AGM date of the company

Refer to their earlier news disseminated by DSE on 16.10.2023 regarding dividend declaration, the company has further informed that the 27th AGM of the company will be held on January 27, 2024. Time: 10:00 AM, Venue: Digital Platform. Other information will remain unchanged.

Mon, 16th October 2023

10:31 am

Dividend Declaration (Additional Information)

The company has further informed the following: Quantity of shares of sponsor: 26,89,88,757 shares. Quantity of shares of Ordinary Shareholders: 12,85,81,047 shares. Dividend payable to Ordinary Shareholders: Tk. 12,85,81,047.00

Mon, 16th October 2023

4:04 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (16.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.

Mon, 16th October 2023

4:04 am

Dividend Declaration

(Continuation news of DESCO): Reasons for significant deviations: EPS has decreased significantly due to Foreign Exchange Fluctuation Loss and sharp fall in distribution revenue due to the disproportional increase in bulk and retail tariff (electricity price) and in the audited financial year, bulk tariff increased by 28.08% while retail tariff increased by 15.76%. (end)

Mon, 16th October 2023

4:04 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend for the ordinary shareholders except sponsor shareholder for the year ended June 30, 2023. Record Date: 23.11.2023. Date of AGM will be notified later. The Company has also reported EPS of Tk. (13.61), NAV per share of Tk. 50.62 and NOCFPS of Tk. 8.72 for the year ended June 30, 2023 as against Tk. 1.59, Tk. 65.96 and Tk. 13.09 respectively for the year ended June 30, 2022. (cont.)

Mon, 9th October 2023

6:55 am

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 15, 2023 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.

Tue, 2nd May 2023

4:05 am

Q3 Financials

(Continuation news of DESCO): Reasons for deviation: EPS has been decreased significantly compared to last year due to asymmetric increase in bulk/purchase tariff rate than retail tariff rate. NOCFPS has been decreased in the FY 2022-23 compare to last FY due to increase in interest payment, employee expenses and decrease in other operating incomes. (end)

Tue, 2nd May 2023

4:05 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. (3.65) for January-March 2023 as against Tk. 0.05 for January-March 2022; EPS was Tk. (3.44) for July 2022-March 2023 as against Tk. 0.56 for July 2021-March 2022. NOCFPS was Tk. 1.75 for July 2022-March 2023 as against Tk. 7.21 for July 2021-March 2022. NAV per share was Tk. 62.45 as on March 31, 2023 and Tk. 65.96 as on June 30, 2022. (cont.)

Wed, 26th April 2023

5:25 am

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 30, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.

Thu, 16th March 2023

6:44 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.

Mon, 30th January 2023

4:05 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. (0.08) for October-December 2022 as against Tk. 0.37 for October-December 2021; EPS was Tk. 0.21 for July-December 2022 as against Tk. 0.51 for July-December 2021. NOCFPS was Tk. 3.59 for July-December 2022 as against Tk. 4.82 for July-December 2021. NAV per share was Tk. 66.08 as on December 31, 2022 and Tk. 65.96 as on June 30, 2022.

Thu, 29th December 2022

4:54 am

Credit Rating Result

Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-2" in the short term along with Stable outlook of the Company based on audited financial statements up to June 30, 2022; unaudited financial up to September 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Thu, 17th November 2022

8:30 am

Resumption after record date

Trading of the shares of the Company will resume on 20.11.2022 after record date.

Wed, 16th November 2022

8:15 am

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2022

Tue, 15th November 2022

4:00 am

Q1 Financials

(Continuation news of DESCO): Earing per Share (EPS) has been increased due to increase in sales volume and other operating income. Net Operating Cash Flow per Share (NOCFPS) has been increased due to higher collection from consumers. (end)

Tue, 15th November 2022

4:00 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.29 for July-September 2022 as against Tk. 0.14 for July-September 2021; NOCFPS was Tk. 5.82 for July-September 2022 as against Tk. 4.91 for July-September 2021. NAV per share was Tk. 66.26 as on September 30, 2022 and Tk. 65.96 as on June 30, 2022. Reasons for deviation in EPS and NOCFPS: (cont.)

Mon, 14th November 2022

8:00 am

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 15.11.2022 to 16.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2022.

Wed, 9th November 2022

4:20 am

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, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.

Mon, 24th October 2022

8:44 am

Qualified Opinion

(Continuation news of DESCO): However, no provision was made against Fund for a total of four (04) Financial Years from 2013-14 to 2016-17. Hence, liability of the company has been understated by the shortfall amount of Taka 17,86,32,872 for the said Financial Years. (end)

Mon, 24th October 2022

8:44 am

Qualified Opinion

The auditor of the Dhaka Electric Supply Company Ltd. has given the "Qualified Opinion" paragraphs in the auditor's report for the year ended June 30, 2022. Basis for Qualified Opinion: The company approved Workers Profit Participation Fund (WPPF) in the year 2013 as per the amendment made in section-232 of Labour Law-2006 and started to provide provision in the Fund from the FY 2017-18. (cont.)

Sun, 16th October 2022

3:30 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (16.10.2022) following its corporate declaration.

Sun, 16th October 2022

3:30 am

Dividend Declaration

(Continuation news of DESCO): The NOCFPS of the company has decreased as the company paid Tk. 523,18,96,919 more for energy purchase but received Tk. 262,24,01,486 more for energy sales compare to last FY. (end)

Sun, 16th October 2022

3:30 am

Dividend Declaration

(Continuation news of DESCO): Reasons for significant deviations: Earning Per Share (EPS) decreased by Tk. 0.27 from the FY 2020-21 ended 30 June, 2021. The EPS has decreased due to higher deferred tax provision made as per income tax law. Net Operating Cash flow per share (NOCFPS) is Tk. 13.09 which has decreased by Tk. 1.73 from the financial position on 30 June, 2021. (cont. 2)

Sun, 16th October 2022

3:30 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend for the year ended June 30, 2022. Date of AGM: 14.01.2023, Time: 10:00 AM, Venue: Digital Platform, Record Date: 17.11.2022. The Company has also reported EPS of Tk. 1.59, NAV per share of Tk. 65.96 and NOCFPS of Tk. 13.09 for the year ended June 30, 2022 as against Tk. 1.86, Tk. 65.24 and Tk. 14.82 respectively for the same period of the previous year. (cont. 1)

Thu, 6th October 2022

10:01 am

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 13, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.

Wed, 27th July 2022

4:25 am

Appointment of Chairman

The Company has informed that Mr. Md. Nizam Uddin, Additional Secretary of Government of the People's Republic of Bangladesh has been appointed as the Chairman of the Board of Directors of the Company.

Wed, 27th April 2022

4:04 am

Q3 Financials

(Continuation news of DESCO): Reason for Significant deviation in EPS and NOCFPS: EPS increased due to increase in sales as well as increase in FDR and STD interest. NOCFPS decreased due to decrease in received from operating and non operating activities and increase in the payment of interest of long-term loan. (end)

Wed, 27th April 2022

4:04 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. 0.05 for January-March 2022 as against Tk. 0.12 for January-March 2021; EPS was Tk. 0.56 for July 2021-March 2022 as against Tk. 0.43 for July 2020-March 2021. NOCFPS was Tk. 7.21 for July 2021-March 2022 as against Tk. 10.84 for July 2020-March 2021. NAV per share was Tk. 64.86 as on March 31, 2022 and Tk. 65.24 as on June 30, 2021. (cont.)

Thu, 21st April 2022

4:25 am

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 26, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the company for the Third Quarter (Q3) period ended March 31, 2022.

Tue, 22nd February 2022

6:39 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.

Wed, 2nd February 2022

4:45 am

Appointment of Chairman

The Company has informed that Mr. A. T. M. Mostafa Kamal, Additional Secretary of Government of the People's Republic of Bangladesh has been appointed as the Chairman of the Board of Directors of the Company with effect from February 01, 2022.

Tue, 1st February 2022

4:50 am

Q2 Financials

(Continuation news of DESCO): The Company has also informed that EPS has increased due to increase in electricity sales revenue, other operating revenue and interest & miscellaneous income. NOCFPS has declined due to higher payments in the power purchase and loan interest than last year. (end)

Tue, 1st February 2022

4:45 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.37 for October-December 2021 as against Tk. 0.05 for October-December 2020; EPS was Tk. 0.51 for July-December 2021 as against Tk. 0.31 for July-December 2020. NOCFPS was Tk. 4.82 for July-December 2021 as against Tk. 6.95 for July-December 2020. NAV per share was Tk. 65.79 as on December 31, 2021 and Tk. 65.24 as on June 30, 2021. (cont.)

Wed, 26th January 2022

4:10 am

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 31, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.

Thu, 18th November 2021

6:15 am

Resumption after record date

Trading of the shares of the Company will resume on 21.11.2021 after record date.

Wed, 17th November 2021

5:55 am

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.

Mon, 15th November 2021

6:55 am

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 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.

Sun, 14th November 2021

5:15 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.14 for July-September 2021 as against Tk. 0.27 for July-September 2020; NOCFPS was Tk. 4.91 for July-September 2021 as against Tk. 4.71 for July-September 2020. NAV per share was Tk. 65.40 as on September 30, 2021 and Tk. 65.24 as on June 30, 2021.

Sun, 7th November 2021

7:25 am

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 11, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

Sun, 31st October 2021

10:47 am

Qualified Opinion & Emphasis of matters

(Continuation news of DESCO): 2. As per Labor Law-2006 (amendment 2013) Section 234(1) (b), an entity should pay amount of WPPF within 9 month of the close of every year. But the company did not pay amount of WPPF TK. 141,405,925 for which the entity didn?t charge any interest as per section 240(3). (end)

Qualified Opinion & Emphasis of matters

The auditor of the Dhaka Electric Supply Company Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Qualified Opinion: 1. In the year 2013 an amendment has been made in section-232 of Labor Law-2006. Due to the amendment DESCO requires to maintain Workers Profit Participation Fund (WPPF). (cont.1)

Sun, 17th October 2021

4:04 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (17.10.2021) following its corporate declaration.

Sun, 17th October 2021

4:04 am

Dividend Declaration

(Continuation news of DESCO): Net Income increases due to increase of sales volume and decrease of corporate tax rate. The Company has also reported that Before Revaluation NAV Per Share Tk. 47.99 and After Revaluation NAV Per Share Tk. 65.24. (end)

Sun, 17th October 2021

4:04 am

Dividend Declaration

(Continuation news of DESCO): Reasons for significant deviations: EPS increases due to increase of sales volume as well as sales revenue. Revenue from operation increases due to increase of retail tariff and consumers. Operating profit decreases due to increase of salary and allowance, finance cost and depreciation. Income from other source (Net) increase due to increase of consumers. (cont. 2)

Sun, 17th October 2021

4:04 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2021. Date of AGM: 15.01.2022, Time: 10:00 AM, Venue: Digital Platform, Record Date: 18.11.2021. The Company has also reported EPS of Tk. 1.86, NAV per share of Tk. 65.24 and NOCFPS of Tk. 14.82 for the year ended on June 30, 2021 as against Tk. 1.15, Tk. 46.76 and Tk. 11.10 respectively for the same period of the previous year. (cont. 1)

Wed, 13th October 2021

4:05 am

Revaluation of Fixed Assets

The Company has informed that the Board of Directors has approved the fixed asset revaluation report taking into consideration of audited financial statements of the Company for the year ended on June 30, 2019. The revaluation of fixed asset has been increased from BDT 20,914,530,962.00 to BDT 28,093,133,616.00. The revaluation surplus was BDT 7,178,602,654.00. Net Asset Value per share (NAV) would be increased by BDT 18.06.

Wed, 6th October 2021

4:05 am

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 14, 2021 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

Wed, 8th September 2021

6:24 am

Appointment of Chairman

The Company has informed that Mr. Md. Selim Uddin, Additional Secretary of Government of the people's Republic of Bangladesh has been appointed as the Chairman of the Board of Directors of the Company with effect from August 20, 2021.

Wed, 1st September 2021

4:40 am

Declaration of Share Transfer

Bangladesh Power Development Board, Corporate Sponsor of the Company has expressed its intention to transfer its entire holdings of 26,37,93,834 shares of the Company to Dhaka Power Distribution Company Limited through outside the trading system of the Exchange to comply with the order of Power division, Ministry of Power, Energy and mineral Resources and as per approval letter of BSEC.

Sun, 23rd May 2021

4:40 am

Appointment of Chairman

The Company has informed that the Board of Directors has appointed Mr. Sheikh Faezul Amin, Addl. Secretary of Power Division, Ministry of Power, Energy & Mineral Resources as the Chairman of the Company with effect from May 19, 2021.

Wed, 19th May 2021

10:02 am

Revised EPS for the period from January-March 2020

(Q3 Un-audited): Referring to their earlier news disseminated on today 19.05.2021 regarding Q3 Financials, the Company has further informed that EPS for the period from January-March 2020 would be Tk. (0.70) instead of Tk. 0.23. The Company earlier mistakenly reported the EPS figure as mention above. Other information of the earlier disclosure will remain unchanged.

Wed, 19th May 2021

4:04 am

Q3 Financials

(Continuation news of DESCO): Reason for Significant deviation in EPS and NOCFPS: EPS decreased due to increase in energy purchase in Tk. as well as increase in operating expenses, administrative expenses and employee expenses. NOCFPS increased due to increase of sales revenue and received from other operating and non-operating activities. (end)

Wed, 19th May 2021

4:04 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. 0.12 for January-March 2021 as against Tk. 0.23 for January-March 2020; EPS was Tk. 0.43 for July 2020-March 2021 as against Tk. 1.37 for July 2019-March 2020. NOCFPS was Tk. 10.84 for July 2020-March 2021 as against Tk. 8.66 for July 2019-March 2020. NAV per share was Tk. 46.42 as on March 31, 2021 and Tk. 46.76 as on June 30, 2020. (cont.)

Sun, 16th May 2021

4:05 am

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 May 18, 2021 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.

Wed, 17th February 2021

4:04 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders' Bank Accounts through Fund Transfer/BEFTN.

Thu, 28th January 2021

4:04 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.04 for October-December 2020 as against Tk. 0.93 for October-December 2019; EPS was Tk. 0.31 for July-December 2020 as against Tk. 2.07 for July-December 2019. NOCFPS was Tk. 6.95 for July-December 2020 as against Tk. 2.66 for July-December 2019. NAV per share was Tk. 47.22 as on December 31, 2020 and Tk. 46.76 as on June 30, 2020. (cont.)

Thu, 28th January 2021

4:04 am

Q2 Financials

(Continuation news of DESCO): The Company also informed that EPS compared to last year decreased significantly due to declining sales because of Coronas effect and interest expenses against loan and payroll expenses also enhanced. (end)

Sun, 24th January 2021

4:05 am

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 27, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

Thu, 19th November 2020

4:14 am

Resumption after record date

Trading of the shares of the Company will resume on 22.11.2020 after record date.

Wed, 18th November 2020

4:05 am

Suspension for Record Date

Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2020.

Mon, 16th November 2020

4:05 am

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 17.11.2020 to 18.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2020.

Sun, 15th November 2020

4:40 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.27 for July-September 2020 as against Tk. 1.14 for July-September 2019; NOCFPS was Tk. 4.71 for July-September 2020 as against Tk. 1.94 for July-September 2019. NAV per share was Tk. 47.02 as on September 30, 2020 and Tk. 46.76 as on June 30, 2020.

Wed, 11th November 2020

4:05 am

Qualified Opinion

(Continuation news of DESCO): 2. As per Labor law- 2006 (amendment 2013) Section 234 (1) (b), an entity should pay amount of WPPF within 9 months of the close of every year. But the company did not pay amount of WPPF Tk. 99,493,608. (end)

Wed, 11th November 2020

4:05 am

Qualified Opinion

(Continuation news of DESCO): Workers Profit Participation Fund (WPPF). The company approves the requirement in this year and makes provision for 2017-18 to 2019-20. But the company didn't make provision for the years 2013-14 to 2016-17 which we have calculated amounting Tk. 201,366,278. As a result the company understates its liability by the same amount. (cont.2)

Wed, 11th November 2020

4:05 am

Qualified Opinion

The auditor of Dhaka Electric Supply Company Ltd. has given the following "Qualified Opinion" paragraph in the audit report of the Company prepared for the year ended on June 30, 2020. In this regard, we may disseminate the following news through our online trading system: Qualified Opinion: 1. In the year 2013 an amendment has been made in section-232 of Labor Law-2006. Due to the amendment DESCO requires to maintain (cont.1)

Tue, 10th November 2020

4:42 am

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, 2020 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

Sun, 25th October 2020

4:20 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (25.10.2020) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

Sun, 25th October 2020

4:20 am

Dividend Declaration

(Continuation news of DESCO): The Company has also informed the following: EPS decreased due to increase of sales volume as well as sales revenue due to COVID-19. Total revenue from Operation, Gross Profit and Operating profit decreased due to COVID-19. Income from other source (Net) increased due to increase of interest rate. Net Income decreased due to decrease of sales volume (end)

Sun, 25th October 2020

4:20 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2020. Date of AGM: 09.01.2021, Time: 10:00 AM, Venue: Digital Platform, Record Date: 19.11.2020. The Company has also reported EPS of Tk. 1.15, NAV per share of Tk. 46.76 and NOCFPS of Tk. 11.10 for the year ended on June 30, 2020 as against Tk. 2.70 (restated), Tk. 46.23 and Tk. 6.40 respectively for the same period of the previous year. (cont.)

Wed, 14th October 2020

9:02 am

Reschedule of Board Meeting under LR 19(1)

The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on October 22, 2020 at 4:00 PM instead of October 15, 2020 to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

Thu, 8th October 2020

3:52 am

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 15, 2020 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

Thu, 25th June 2020

4:40 am

Decision to increase of Authorized Capital

The Company has informed that the Board of Directors has recommended to enhance Authorized Capital from Tk. 500.00 Crore to Tk. 2,000.00 Crore for approval of the shareholders.

Thu, 25th June 2020

4:06 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. (0.07) for January-March 2020 as against Tk. 0.23 for January-March 2019; EPS was Tk. 1.37 for July 2019-March 2020 as against Tk. 1.98 for July 2018-March 2019. NOCFPS was Tk. 3.55 for July 2019-March 2020 as against Tk. 4.60 for July 2018-March 2019. NAV per share was Tk. 46.67 as on March 31, 2020 and Tk. 46.30 as on June 30, 2019.

Wed, 24th June 2020

5:05 am

Reschedule Board Meeting 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 June 24, 2020 at 4:30 PM instead of 2:00 PM to consider, among others, un-audited financial statements of the Company for Third Quarter (Q3) period ended on March 31, 2020. Other things of the meeting shall remain unchanged.

Sun, 21st June 2020

8:11 am

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 June 24, 2020 at 2:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2020.

Sun, 31st May 2020

4:16 am

Appointment of Managing Director

The Company has informed that Mr. Md. Kausar Ameer Ali has assumed the office of the Managing Director of the Company with effect from March 29, 2020.

Sun, 2nd February 2020

7:46 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2019 to the respective shareholders' Bank Accounts through BEFTN.

Sun, 2nd February 2020

4:37 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.93 for October-December 2019 as against Tk. 0.80 for October-December 2018; EPS was Tk. 2.07 for July-December 2019 as against Tk. 1.76 for July-December 2018. NOCFPS was Tk. 2.66 for July-December 2019 as against Tk. 2.02 for July-December 2018. NAV per share was Tk. 48.37 as on December 31, 2019 and Tk. 46.30 as on June 30, 2019.

Thu, 23rd January 2020

4:05 am

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, 2020 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.

Thu, 21st November 2019

4:43 am

Resumption after record date

Trading of the Shares of the Company will resume on 24.11.2019 after record date.

Wed, 20th November 2019

6:24 am

Suspension for Record Date

Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2019.

Mon, 18th November 2019

9:57 am

Qualified Opinion

Qualified Opinion: In the year 2013 an amendment has been made in section-232 of Labor Law-2006. Due to the amendment DESCO requires to maintain Workers Profit Participation Fund (WPPF). The company approves the requirement in this year and makes provision for 2017-18 and 2018-19. But the company didn't make provision for the years 2013-14 to 2016-17 which we have calculated amounting Tk. 201,366,278. As a result, the company understates its liability by the same amount.

Mon, 18th November 2019

6:05 am

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 19.11.2019 to 20.11.2019. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2019.

Sun, 17th November 2019

5:21 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 1.14 for July-September 2019 as against Tk. 0.95 for July-September 2018; NOCFPS was Tk. 1.94 for July-September 2019 as against Tk. 1.75 for July-September 2018. NAV per share was Tk. 47.43 as on September 30, 2019 and Tk. 46.30 as on June 30, 2019.

Mon, 11th November 2019

4:22 am

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, 2019 at 5.30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

Sun, 20th October 2019

7:22 am

Dividend Declaration (Additional Information)

The Company has further informed that the EPS for 2017-18 is restated to Tk. 1.19 due to adjustment of last year profit for Tk. 3.23 crore against Workers Profit Participatory Fund (WPPF).

Sun, 20th October 2019

4:26 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (20.10.2019) following its corporate declaration.

Sun, 20th October 2019

4:26 am

Dividend Declaration

(Continuation news of DESCO): The Company has also informed the following: EPS increased due to increase of sales volume and retail tariff which effect from December 01, 2017. Total revenue from Operation, Gross Profit and Operating profit increased due to increase of retail tariff. Income from other source (Net) increased due to increase of interest rate and FDR. Net Income increased due to sales volume interest rate. (end)

Sun, 20th October 2019

4:24 am

Dividend Declaration

The Board of Directors has recommended 12% cash dividend for the year ended on June 30, 2019. Date of AGM: 04.01.2020, Time: 10:00 AM, Venue: Trust Milonayaton, 545, Old Airport Road, Tejgaon, Dhaka-1216. Record Date: 21.11.2019. The Company has also reported EPS of Tk. 2.77, NAV per share of Tk. 46.30 and NOCFPS of Tk. 6.40 for the year ended on June 30, 2019 as against Tk. 1.19 (restated), Tk. 40.11 and Tk. 7.64 respectively for the same period of the previous year. (cont.)

Sun, 13th October 2019

4:08 am

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 17, 2019 at 6:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.

Wed, 26th June 2019

3:47 am

Appointment of Chairman

The Company has informed that Mst. Maksuda Khatun has been appointed as a Director as well as the Chairman of the Board of the Company.

Sun, 28th April 2019

4:05 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. 0.22 for January-March 2019 as against Tk. 0.08 for January-March 2018; EPS was Tk. 1.98 for July 2018-March 2019 as against Tk. 0.94 for July 2017-March 2018. NOCFPS was Tk. 4.60 for July 2018-March 2019 as against Tk. 5.59 for July 2017-March 2018. NAV per share was Tk. 44.13 as on March 31, 2019 and Tk. 40.13 as on June 30, 2018.

Tue, 23rd April 2019

6:32 am

Reschedule of Board Meeting under LR 16(1)

The Company has further informed that due to unavoidable circumstances the meeting of the Board of Directors of the Company, as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on April 25, 2019 at 6:00 PM instead of April 24, 2019 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.

Tue, 23rd April 2019

3:56 am

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 24, 2019 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.

Mon, 11th February 2019

4:07 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders' Bank Accounts through BEFTN system on February 10, 2019.

Thu, 24th January 2019

4:05 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.81 for October-December 2018 as against Tk. 0.33 for October-December 2017; EPS was Tk. 1.76 for July-December 2018 as against Tk. 0.86 for July-December 2017. NOCFPS was Tk. 2.02 for July-December 2018 as against Tk. 1.04 for July-December 2017. NAV per share was Tk. 44.34 as on December 31, 2018 and Tk. 40.13 as on June 30, 2018.

Sun, 20th January 2019

3:52 am

Reschedule Board Meeting under LR 16(1)

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has further informed that due to un-avoidable circumstances, the date of the meeting has been changed to January 23, 2019 from January 21, 2019 to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018. Other things of the meeting shall remain unchanged.

Tue, 15th January 2019

7:31 am

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 21, 2019 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.

Mon, 3rd December 2018

7:56 am

Qualified Opinion

(Continuation news of DESCO): on an estimated basis and is not agreed with DESA. Both the entities are governed by Bangladesh Power Development Board (BPDB) under the Ministry of Power, Energy and Mineral Resources. As per IFRS 3, para 18, Business Combination, Assets and Liabilities so acquired are to be measured at their acquisition- date fair value. Updated fair valuation of those assets received from DESA were not done since 2006. (end)

Mon, 3rd December 2018

7:56 am

Qualified Opinion

Qualified Opinion: The auditor of the company has given the following "Qualified Opinion" in the audit report of the company for the year ended on 30 June 2018: Basis for Qualified Opinion: As mentioned in Note 21.03 to the financial statements, the valuation of assets of Tk. 279 crore, (10.02%) out of total non-current assets of Tk. 2,784 crore, handed over by the predecessor Company-DESA to DESCO is included in the accounts of DESCO (cont.)

Thu, 22nd November 2018

6:51 am

Resumption after record date

Trading of the shares of the Company will resume on 25.11.2018 after record date.

Tue, 20th November 2018

7:26 am

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2018.

Sun, 18th November 2018

6:34 am

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 19.11.2018 to 20.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2018.

Tue, 13th November 2018

4:04 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.95 for July-September 2018 as against Tk. 0.53 for July-September 2017; NOCFPS was Tk. 1.75 for July-September 2018 as against Tk. 1.71 for July-September 2017. NAV per share was Tk. 41.09 as on September 30, 2018 and Tk. 38.31 as on June 30, 2018.

Tue, 6th November 2018

4:55 am

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 12, 2018 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.

Sun, 21st October 2018

3:50 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (21.10.2018) following its corporate declaration.

Sun, 21st October 2018

3:50 am

Dividend Declaration

(Continuation news of DESCO): the following: EPS increased due to increase of retail tariff with effect from December 01, 2017. Total revenue from Operation, Gross Profit and Operating profit increased due to increase of retail tariff. Income from other source (Net) decreased due to increase of interest expenses and fluctuation loss. Net Income increased due to increase of retail tariff. (end)

Sun, 21st October 2018

3:50 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2018. Date of AGM: 12.01.2019, Time: 10:00 AM, Venue: PSC Convention Hall, Mirpur-14, Dhaka-1206. Record Date: 22.11.2018. The Company has also reported EPS of Tk. 1.27, NAV per share of Tk. 40.13 and NOCFPS of Tk. 7.64 for the year ended on June 30, 2018 as against Tk. 0.44, Tk. 37.78 and Tk. 5.98 respectively for the same period of the previous year. The Company has also informed (cont.)

Thu, 11th October 2018

8:57 am

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 18, 2018 at 6:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.

Wed, 25th April 2018

3:53 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. 0.08 for January-March 2018 as against Tk. (0.39) for January-March 2017; EPS was Tk. 0.94 for July 2017-March 2018 as against Tk. 0.94 for July 2016-March 2017. NOCFPS was Tk. 5.59 for July 2017-March 2018 as against Tk. 0.60 for July 2016-March 2017. NAV per share was Tk. 39.31 as on March 31, 2018 and Tk. 37.78 as on June 30, 2017.

Sun, 22nd April 2018

4:57 am

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 24, 2018 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.

Thu, 1st February 2018

8:53 am

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.

Sun, 28th January 2018

4:18 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.33 for October-December, 2017 as against Tk. 0.75 for October-December, 2016; EPS was Tk. 0.86 for July-December, 2017 as against Tk. 1.32 for July-December, 2016. NOCFPS was Tk. 1.10 for July-December, 2017 as against Tk. (0.72) for July-December, 2016. NAV per share was Tk. 39.62 as on December 31, 2017 and Tk. 37.78 as on June 30, 2017.

Sun, 21st January 2018

8:44 am

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 25, 2018 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.

Wed, 15th November 2017

4:36 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.53 for July-September, 2017 as against Tk. 0.57 for July-September, 2016; NOCFPS was Tk. 1.71 for July-September, 2017 as against Tk. (0.16) for July-September, 2016. NAV per share was Tk. 38.31 as on September 30, 2017 and Tk. 37.83 as on June 30, 2017.

Thu, 9th November 2017

6:51 am

Resumption after record date

Trading of the shares of the Company will resume on 12.11.2017 after record date.

Thu, 9th November 2017

4:19 am

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, 2017 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.

Wed, 8th November 2017

6:03 am

Suspension for Record Date

Trading of the shares of the Company will remain suspended on record date i.e., 09.11.2017.

Mon, 6th November 2017

6:25 am

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 benefits from 07.11.2017 to 08.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 09.11.2017.

Thu, 26th October 2017

9:04 am

Basis for Qualified Opinion

(Continuation news of DESCO): in the accounts of DESCO on an estimated basis and is not agreed with DESA. Both the entities are governed by Bangladesh Power Development Board (BPDB) under the Ministry of Power, Energy and Mineral Resources. As per IFRS 3, para 18, Business Combination, Assets and Liabilities so acquired are to be measured at their acquisition- date fair value. Updated fair valuation of those assets received from DESA were not done since 2006. (end)

Thu, 26th October 2017

9:04 am

Basis for Qualified Opinion

(Basis for Qualified Opinion): The auditor of the Company has given the following "Basis for Qualified Opinion" in the audit report of the company for the year ended on 30 June 2017: Basis for Qualified Opinion: As mentioned in Note 21.03 to the financial statements, the valuation of assets in Gulshan and Tongi area of Tk. 279 crore, (13.6%) out of total non-current assets of Tk. 2,047 crore, handed over by the predecessor company-DESA to DESCO is included (cont.)

Mon, 2nd October 2017

3:52 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (02.10.2017) following its corporate declaration.

Mon, 2nd October 2017

3:52 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2017. Date of AGM: 06.01.2018, Time: 10:00 AM, Venue: PSC Convention Hall, Mirpur-14, Dhaka-1206. Record Date: 09.11.2017. The Company has also reported EPS of Tk. 0.44, NAV per share of Tk. 37.78 and NOCFPS of Tk. 5.98 for the year ended on 30.06.2017 as against Tk. 1.12, Tk. 36.85 and Tk. 8.24 respectively for the same period of the previous year.

Thu, 21st September 2017

8:46 am

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 September 28, 2017 at 7:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.

Sun, 30th April 2017

4:16 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. (0.39) for January-March, 2017 as against Tk. (0.24) for January-March, 2016; EPS was Tk. 0.94 for July, 2016-March, 2017 as against Tk. 1.12 for July, 2015-March, 2016. NOCFPS was Tk. 0.60 for July, 2016-March, 2017 as against Tk. 3.99 for July, 2015-March, 2016. NAV per share was Tk. 37.49 as of March 31, 2017 and Tk. 37.04 as of June 30, 2016.

Sun, 23rd April 2017

8:19 am

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, 2017 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.

Thu, 26th January 2017

4:49 am

Q2 Financials (Additional information)

The Company has further informed that NAV per share was Tk. 37.04 as of June 30, 2016. Other information will remain unchanged.

Thu, 26th January 2017

4:48 am

Q2 Financials

EPS was Tk. 0.75 for October-December, 2016 as against Tk. 0.68 for October-December, 2015; EPS was Tk. 1.32 for July-December, 2016 as against Tk. 1.36 for July-December, 2015. NOCFPS was Tk. (0.72) for July-December, 2016 as against Tk. 2.07 for July-December, 2015. NAV per share was Tk. 38.59 as of December 31, 2016.

Sun, 22nd January 2017

9:59 am

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 25, 2017 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.

Sun, 15th January 2017

11:53 am

Qualified Opinion

The auditor of the Company has given the following "Qualified Opinion" in the audit report of the company for the year ended on 30 June 2016: Basis for Qualified Opinion: 1. DESCO owned total non-current assets amount in the current financial statements as of 30th June, 2016, is TK. 1663 Crore. Out of which a material portion of assets valued at the 279 Crore (17%) was acquired from the predecessor entity DESA.

Sun, 18th December 2016

9:00 am

Declaration of sale

Bangladesh Power Development Board (BPDB), one of the Corporate Sponsors of the Company, has expressed intention to sell 2,93,10,425 shares out of its total holding of 29,31,04,259 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within next 30 working days.

Thu, 17th November 2016

7:11 am

Resumption after record date

Trading of the shares of the Company will resume on 20.11.2016 after record date.

Wed, 16th November 2016

8:22 am

Suspension for record date

Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.

Mon, 14th November 2016

8:35 am

Spot for AGM

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 15.11.2016 to 16.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.

Mon, 14th November 2016

4:43 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.57 for July-September, 2016 as against Tk. 0.67 for July-September, 2015; NOCFPS was Tk. (0.16) for July-September, 2016 as against Tk. 1.05 for July-September, 2015. NAV per share was Tk. 37.83 as of September 30, 2016 and Tk. 37.04 as of June 30, 2016.

Wed, 9th November 2016

4:49 am

Board Meeting

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 13, 2016 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.

Sun, 6th November 2016

11:16 am

10% shares off-load/sale

The Company has informed the following:"This is to certify that Bangladesh Power Development Board (BPDB), Biddut Bhaban, 1 Abdul Goni Road, Dhaka-1000 is a Corporate Sponsor of Dhaka Electric Supply Co. Ltd. (DESCO). As per Government instruction, BPDB is to off-load/sale 10% shares of DESCO out of its total holding of 293,104,259 shares which is 73.72% of total shares of the Company. "

Sun, 23rd October 2016

6:34 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (23.10.2016) following its corporate declaration.

Sun, 23rd October 2016

6:33 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2016. Date of AGM: 07.01.2017, Time: 10:00 AM, Venue: PSC Convention Hall, Mirpur-14, Dhaka-1206. Record Date: 17.11.2016. The Company has also reported EPS of Tk. 1.12, NAV per share of Tk. 37.04 and NOCFPS of Tk. 8.23 for the year ended on 30.06.2016 as against Tk. 4.11, Tk. 32.53 and Tk. 7.88 respectively for the year ended on 30.06. 2015.

Thu, 13th October 2016

11:10 am

Board Meeting

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 20, 2016 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.

Thu, 28th April 2016

6:08 am

Q3 Financials

EPS was Tk. (0.24) for January-March, 2016 as against Tk. 0.77 for January-March, 2015; EPS was Tk. 1.12 for July, 2015-March, 2016 as against Tk. 2.90 for July, 2014-March, 2015. NOCFPS was Tk. 3.99 for July, 2015-March, 2016 as against Tk. 1.32 for July, 2014-March, 2015. NAV per share was Tk. 34.96 as of March 31, 2016 and Tk. 32.53 as of June 30, 2015.

Mon, 25th April 2016

10:34 am

Board Meeting

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, 2016 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.

Sun, 31st January 2016

4:37 am

Dividend Disbursement

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2015 to the respective shareholders' BO Accounts and it has also disbursed cash dividend to the respective shareholders' bank accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) system.

Mon, 25th January 2016

8:18 am

Q2 Financials

EPS was Tk. 0.68 for October-December, 2015 as against Tk. 1.19 for October-December, 2014; EPS was Tk. 1.36 for July-December, 2015 as against Tk. 2.13 for July-December, 2014. NOCFPS was Tk. 2.17 for July-December, 2015 as against Tk. 1.79 for July-December, 2014. NAV per share was Tk. 36.76 as of December 31, 2015 and Tk. 34.15 as of June 30, 2015.

Wed, 20th January 2016

10:47 am

Board Meeting

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 24, 2016 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.

Thu, 12th November 2015

9:08 am

Resumption News

Normal trading of the shares of the Company will resume on 15.11.2015 after record date.

Wed, 11th November 2015

8:29 am

Suspension News

Trading of the shares of the Company will remain suspended on record date i.e., 12.11.2015.

Tue, 10th November 2015

9:21 am

Board Meeting

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 12, 2015 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2015.

Mon, 9th November 2015

8:05 am

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 10.11.2015 to 11.11.2015. Trading of the shares of the Company will remain suspended on record date i.e., 12.11.2015.

Sun, 25th October 2015

4:11 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (25.10.2015) following its corporate declaration.

Sun, 25th October 2015

4:07 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend and 5% stock dividend for the year ended on 30.06.2015. Date of AGM: 02.01.2016, Time:10:00 AM, Venue: PSC Convention Hall, Mirpur:14, Dhaka - 1206. Record Date: 12.11.2015. The Company has also reported Net Profit after Tax of Tk. 1,634.87 m., EPS of Tk. 4.32, NAV per share of Tk. 34.16 and NOCFPS of Tk. 8.27 for the year ended on June 30, 2015 as against Tk. 668.64 m., Tk. 1.77, Tk. 29.83 and Tk. 6.96 respectively for the year ended on 30.06. 2014.

Wed, 14th October 2015

9:39 am

Board Meeting schedule

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 21, 2015 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.

Wed, 22nd April 2015

4:59 am

Quarterly Earnings

(Q3 Un-audited): Net Profit after tax from (Jan15 to March15) was Tk. 304.81 million with EPS of Tk. 0.81 as against Tk. 52.45 million and Tk. 0.14 respectively for the same period of the previous year. Whereas Net Profit after tax from July14 to March15 was Tk. 1,151.43 million with EPS of Tk. 3.04 as against Tk. 244.39 million and Tk. 0.65 respectively for the same period of the previous year.

Sun, 25th January 2015

6:21 am

H/Y

Net Profit after tax from July14 to Dec14 was Tk. 846.62 million with EPS of Tk. 2.24 as against Tk. 191.94 million and Tk. 0.51 respectively for the same period of the previous year. Whereas net profit after tax from Oct14 to Dec14 was Tk. 472.98 million with EPS of Tk. 1.25 as against Tk. 173.13 million and Tk. 0.46 respectively for the same period of the previous yea

Thu, 1st January 2015

9:49 am

appointed Managing Director

The Company has informed that Brigadier General Md. Shahid Sarwar, ndc, psc (Rtd.) has been appointed as the Managing Director of the Company with effect from December 30, 2014.

Thu, 13th November 2014

9:29 am

Q1

As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit after tax of Tk. 373.65 million with basic EPS of Tk. 1.09 as against Tk. 18.81 million and Tk. 0.05 respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2014, restated basic EPS will be Tk. 0.99 as on 30.09.2014 and Tk. 0.049 as on 30.09.2013.

Thu, 13th November 2014

9:17 am

will resume

Normal trading of the shares of the Company will resume on 16.11.2014 after record date.

Wed, 12th November 2014

10:01 am

will remain suspended

Trading of the shares of the Company will remain suspended on record date i.e., 13.11.2014.

Mon, 10th November 2014

6:35 am

Spot Market

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 11.11.2014 to 12.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 13.11.2014.

Wed, 29th October 2014

9:49 am

AGM date

The Company has further informed that the 18th AGM of the Company will be held on January 03, 2015 at 10:00 AM at Baridhara DOHS Convention Centre, Baridhara, Dhaka Cantonment, Dhaka. Other information of the AGM as announced earlier.

Tue, 28th October 2014

9:03 am

Qualified Opinion

(Qualified Opinion): "MABS & J Partners", Auditor of the company, has given the following Qualified Opinion Paragraph in the audit report of the company for the year ended on 30th june, 2014: 'Reference to Note No 1.4.2.3' "DESCO acquired assets from DESA, for an amount of Tk. 2,793,960,000", but the value of these assets were estimated by DESCO, not by any independednt valuation firm. Note No 1.4.2.3' "Independent valuers had been appointed to physically verify and value the assets taken over by the company from DESA. The valuers have submitted their draft report which has been placed by the management before the board for finalization."

Tue, 14th October 2014

5:39 am

today has no price Limit

There will be no price limit on the trading of the shares of the Company today (14.10.2014) following its corporate declaration.

Tue, 14th October 2014

5:38 am

Dividend

The Board of Directors has recommended 5% cash dividend and 10% stock dividend for the year ended on June 30, 2014. Date, Time and Venue of the AGM will be notified later. Record Date: 13.11.2014. The Company has also reported net profit after tax of Tk. 668.64 million, EPS of Tk. 1.94, NAV per share of Tk. 32.82 and NOCFPS of Tk. 7.65 for the year ended on June 30, 2014 as against Tk. 804.65 million, Tk. 2.34, Tk. 35.97 and Tk. 10.77 respectively for the year ended on June 30, 2013.

Sun, 12th October 2014

10:59 am

Board Meeting

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on October 13, 2014 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.

Sun, 27th April 2014

10:57 am

Quarterly Earning

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 52.45 million with EPS of Tk. 0.15 as against Tk. 89.75 million and Tk. 0.26 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 244.39 million with EPS of Tk. 0.71 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 809.57 million and Tk. 2.35 respectively for the same period of the previous year.

Mon, 7th April 2014

7:28 am

share transfer to PDB within April 30, 2014

After getting consent from Bangladesh Securities & Exchange Commission (BSEC), Erstwhile Dhaka Electric Supply Authority (DESA), one of the Sponsors of the Company, has expressed its intention to transfer 2,92,81,130 shares (Bonus shares) of the Company in favor of "Bangladesh Power Development Board (BPDB)" by way of transfer outside the trading system of the Stock Exchange within April 30, 2014.

Thu, 3rd April 2014

6:03 am

share transfer to PDB

Bangladesh Securities & Exchange Commission (BSEC) has accorded its consent to transfer of total 2,92,81,130 shares (Bonus Shares) of Dhaka Electric Supply Company Ltd. (DESCO) from Dhaka Electric Supply Authority (DESA) to Bangladesh Power Develpoment Board Limited outside the trading system of the Exchange under the regulation 42(2)(b) of Listing Regulations of Dhaka Stock Exchange Limited.

Thu, 30th January 2014

11:22 am

Dividend disbursed

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2013 to the respective shareholders' BO Accounts on January 20, 2014. Cash dividend including sale proceeds of fraction shares for the year ended 30th June 2013 has already been credited through Bangladesh Electronic Fund Transfer Network (BEFTN). Dividend Warrant has already been sent through courier to the addresses of shareholders whose accounts were not credited due to inadequate information in their Bank Accounts/out of BEFTN services.

Thu, 30th January 2014

11:02 am

H/Y Earnings

As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 191.94 million with EPS of Tk. 0.56 as against Tk. 719.82 million and Tk. 2.09 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 173.13 million with EPS of Tk. 0.50 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 334.01 million and Tk. 0.97 respectively for the same period of the previous year.

Mon, 18th November 2013

4:55 am

Auditors Opinion

(Qualified Opinion) "Saha Mazumder & Co.", Auditor of the company, has given the following Qualified Opinion in the audit report of the company for the year ended on 30 June 2013: 1. 'Reference to Note No 4 & 05.4' "The amount of Tk. 17,222,383 shown as receivable from M/S Union Trade International, on account of Store-in-Transit lost during carrying by this carrying contractor. Legal action has been initiated against this firm for recovery of this amount.2. 'Reference to Note No 2' "Due to improper maintenance of Fixed Assets Register total value of Property, Plant & Equipment which represents 32% of total assets of the company remain unverified." 3. 'Reference to Note No 1.4.2.3' "DESCO acquired assets from DSEA, for an amount of Tk. 2,793,960,000 but the value of these assets were estimated by DESCO, not by any independent valuation firm.

Mon, 11th November 2013

10:10 am

Q1 Earning

As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported net profit after tax of Tk. 18.81 million with basic EPS of Tk. 0.06 as against Tk. 385.79 million and Tk. 1.29 respectively for the same period of the previous year. However, considering proposed bonus share @ 15% for the year 2013, restated basic EPS will be Tk. 0.05 as on 30.09.2013 and Tk. 1.12 as on 30.09.2012.

Tue, 5th November 2013

8:01 am

trade resume on record date

Normal trading of the shares of the Company will resume on 06.11.2013 after record date.

Mon, 4th November 2013

9:21 am

trade suspension on record date

Trading of the shares of the Company will remain suspended on record date i.e., 05.11.2013.

Wed, 30th October 2013

8:40 am

Trade Suspension on Record Date

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 31.10.2013 to 04.11.2013. Trading of the shares of the Company will remain suspended on record date i.e., 05.11.2013.

Sun, 27th October 2013

5:06 am

No Price limit

There will be no price limit on the trading of the shares of the Company today (27.10.2013) following its corporate declaration.

Sun, 27th October 2013

5:06 am

Corporate Action

The Board of Directors has recommended cash dividend @ 10% (i.e. Tk. 1.00 per share of Tk. 10.00 each) and stock dividend @ 15% for the year ended on June 30, 2013. Date of AGM: 04.01.2014, Time: 10:00 AM, Venue: Trust Milonayaton, 545, Old Airport Road, Tejgaon, Dhaka-1206. Record date: 05.11.2013. The Company has also reported net profit after tax of Tk. 804.65 million, EPS of Tk. 2.69, NAV per share of Tk. 35.96 and NOCFPS of Tk. 10.76 for the year ended on June 30, 2013.

Thu, 24th October 2013

4:01 am

Board Meeting

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on October 26, 2013 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2013.

Mon, 16th September 2013

4:28 am

Sponsors Share Sell

Erstwhile Dhaka Electric Supply Authority (DESA), one of the Sponsors of the Company, has further reported that it has completed its transfer of 19,52,07,646 shares of the Company in favor of "Bangladesh Power Development Board (BPDB)" by way of transfer outside the trading system of the Stock Exchange as announced earlier.

Thu, 5th September 2013

8:30 am

Sponsors Share Sell

Erstwhile Dhaka Electric Supply Authority (DESA), one of the Sponsors of the Company, has expressed its intention to transfer 19,52,07,646 shares of the Company in favor of "Bangladesh Power Development Board (BPDB)" by way of transfer outside the trading system of the Stock Exchange subject to conversion into dematerialized form. It is to be mentioned here that Bangladesh Securities & Exchange Commission (BSEC) has approved exemption to Bangladesh Power Development Board (BPDB) from compliance of the Securities & Exchange Commission (Substantial Share Acquisition) Rules, 2002 and accorded its consent for waiver from the section 4(2) of Securities & Exchange Commission (Prohibition of Insider Trading) Rules, 1995 in connection with this transfer.

Sun, 28th April 2013

12:00 pm

Q3 Earnings

As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported net profit after tax of Tk. 89.75 million with EPS of Tk. 0.30 as against Tk. 118.16 million and Tk. 0.39 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 809.57 million with EPS of Tk. 2.70 for the period of nine months (July'12 to March'13) ended on 31.03.2013 as against Tk. 523.85 million and Tk. 1.75 respectively for the same period of the previous year.

Tue, 19th February 2013

4:19 am

purchase from Management Environment Finance SRL

The Board of Directors of the Company has resolved to purchase 70% of the total production of 20 MW i.e. 14 MW power from the waste based power plant to be installed on Built, Own & Operate (BOO) basis at Amin Bazar, Dhaka by the sponsor company namely Management Environment Finance SRL, Italy, initiated by Local Government Division under the Ministry of LGRD and Co-operatives, GOB @ US Cents 12.75 per KWh. DESCO will sign a Power Purchase Agreement with the said company.

Thu, 31st January 2013

4:42 am

Bonus share credited

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2012 to the respective shareholders' BO Accounts on 24th January 2013. Cash dividend including sale proceeds of fraction shares for the year ended 30th June 2012 has already credited through Bangladesh Electronic Fund Transfer Network (BEFTN). The shareholders, whose accounts were not credited due to inadequate information in their accounts, have been requested to collect their dividend warrants from the Head Office of the Company at 22/B, Faruk Sarani, Nikunja-2, Khilkhet, Dhaka-1229 during office hours within 1st February 2013.

Mon, 28th January 2013

11:33 am

HY Earnings 2012-13

As per un-audited half yearly accounts as on 31.12.2012 (July'12 to Dec'12), the Company has reported net profit after tax of Tk. 719.82 million with basic EPS of Tk. 2.77 as against Tk. 405.69 million and Tk. 1.56 respectively for the same period of the previous year. However considering bonus share @ 15% for the year 2012, restated basic EPS is Tk. 2.40 as on 31.12.2012 (July'12 to Dec'12) and Tk. 1.36 as on 31.12.2011 (July'11 to Dec'11). Whereas net profit after tax was Tk. 334.01 million with basic EPS of Tk. 1.28 for the period of 3 months (Oct'12 to Dec'12) ended on 31.12.2012 as against Tk. 37.84 million and Tk. 0.15 respectively for the same period of the previous year. However considering bonus share @ 15% for the year 2012, restated basic EPS is Tk. 1.12 as on 31.12.2012 (Oct'12 to Dec'12) and Tk. 0.13 as on 31.12.2011 (Oct'11 to Dec'11).

Wed, 14th November 2012

11:17 am

Q1 Earnings 2012

As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2012 (July'12 to Sep'12), the Company has reported net profit after tax of Tk. 385.79 million with basic EPS of Tk. 1.48 as against Tk. 367.84 million and Tk. 1.41 respectively for the same period of the previous year. However, considering proposed bonus share @ 15% for the year 2012, restated basic EPS will be Tk. 1.29 as on 30.09.2012 and Tk. 1.23 as on 30.09.2011.

Tue, 30th October 2012

4:30 am

corporate declaration

The Board of Directors has recommended cash dividend @ 10% (i.e. Tk. 1.00 per share of Tk. 10.00 each) and stock dividend @ 15% for the year ended on June 30, 2012. Date of AGM: 02.01.2013, Time: 10:00 AM, Venue: Bashundhara Convention Center-2, Bashundhara R/A, Baridhara, Dhaka. Record date: 07.11.2012. The Company has also reported Net profit after tax of Tk. 838.51 million, EPS of Tk. 3.22, NAV per share of Tk. 40.54 and NOCFPS of Tk. 14.03 for the year ended on June 30, 2012.

Thu, 29th March 2012

11:44 am

- The Company has informed...

The Company has informed that Mr. Md. Monzur Rahman has resigned from his post of Managing Director of the Company. As per decision of the Board, Mr. Md. Arjad Hossain, Director (Operation), DESCO has taken over the charge of Managing Director in addition to his own duties until further order.

Thu, 19th January 2012

1:43 pm

- The Company has informed...

The Company has informed that it has credited the bonus shares to the respective shareholders' BO Accounts on January 19, 2012

Tue, 15th November 2011

11:36 am

- Normal trading...

Normal trading of the shares of the Company will resume on 16.11.11 after record date

Tue, 15th November 2011

6:49 am

- As per un-audited...

(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11), the Company has reported net profit after tax of Tk. 367.84 million with basic EPS of Tk. 17.67 as against Tk. 418.59 million and Tk. 20.10 respectively for the same period of the previous year. However, considering proposed bonus share @ 25% for the year 2011, restated basic EPS will be Tk. 14.13 as on 30.09.11 and Tk. 16.08 as on 30.09.10

Mon, 14th November 2011

11:27 am

- Trading of the shares...

Trading of the shares of the Company will remain suspended on record date i.e., 15.11.11

Wed, 2nd November 2011

11:28 am

- Trading of the shares...

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 03.11.11 to 14.11.11. Trading of the shares of the Company will remain suspended on record date i.e., 15.11.11

Sun, 30th October 2011

5:03 pm

- There will be no price...

There will be no price limit on the trading of the shares of the Company today (30.10.2011) following its corporate declaration

Sun, 30th October 2011

5:03 pm

- The Board of Directors...

The Board of Directors has recommended cash dividend @ 10% and stock dividend @ 25% for the year ended on June 30, 2011. Date of AGM: 15.01.2012, Time: 11:00 AM, Venue: Bashundhara Convention Center-2, Bashundhara R/A, Baridhara, Dhaka. Record date: 15.11.2011. The Company has also reported Net profit after tax of Tk. 1,478.34 million, EPS of Tk. 71.00, NAV per share of Tk. 459.83 and NOCFPS of Tk. 164.97 for the year ended on June 30, 2011

Tue, 25th October 2011

5:58 am

- As per regulation...

As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on October 27, 2011 at 5:30 p.m. to consider, among others, audited financial statements of the Company for the year ended on June 30, 2011

Tue, 4th October 2011

9:46 am

- Normal trading of the shares...

Normal trading of the shares of the Company will resume on 05.10.11 after record date for EGM

Mon, 3rd October 2011

11:19 am

- Trading of the shares...

Trading of the shares of the Company will remain suspended on record date i.e., 04.10.11 for EGM

Wed, 28th September 2011

10:06 am

- Trading of the shares...

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 29.09.11 to 03.10.11. Trading of the shares of the Company will remain suspended on record date i.e., 04.10.11 for EGM

Sun, 25th September 2011

2:23 pm

- The Company has informed...

The Company has informed that in compliance with SEC's Order dated 15.09.11, the Board of Directors of the Company has decided to change face value of the Company from Tk. 100.00 each to Tk. 10.00 each as well as amendment of respective clauses/articles of the Memorandum and Articles of Association of the Company subject to approval of shareholders in the EGM of the Company. Date of EGM: 22.11.11, Time: 11:00 AM, Venue: Trust Milonayaton, 545, Old Airport Road, Dhaka Cantonment. Record date for EGM: 04.10.11

Sun, 7th August 2011

3:57 pm

- In response to a DSE query...

In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price decrease

Sun, 2nd February 2025

4:04 am

Q2 Financials

The Company has further informed that NAV per share was Tk. 37.04 as of June 30, 2016. Other information will remain unchanged.

Thu, 26th January 2017

4:48 am

Q2 Financials

Mon, 14th November 2016

4:43 am

Q1 Financials

Thu, 28th April 2016

6:08 am

Q3 Financials

Mon, 25th January 2016

8:18 am

Q2 Financials

Sun, 25th January 2015

6:21 am

H/Y

Thu, 13th November 2014

9:29 am

Q1

Thu, 30th January 2014

11:02 am

H/Y Earnings

Mon, 11th November 2013

10:10 am

Thu, 16th March 2023

6:44 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.

Sun, 16th October 2022

3:30 am

Dividend Declaration

Sun, 16th October 2022

3:30 am

Dividend Declaration

Sun, 16th October 2022

3:30 am

Dividend Declaration

Tue, 22nd February 2022

6:39 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.

Sun, 17th October 2021

4:04 am

Dividend Declaration

Sun, 17th October 2021

4:04 am

Dividend Declaration

Sun, 17th October 2021

4:04 am

The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders' Bank Accounts through BEFTN system on February 10, 2019.

Sun, 21st October 2018

3:50 am

Dividend Declaration

Sun, 21st October 2018

3:50 am

Dividend Declaration

Thu, 1st February 2018

8:53 am

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.

Mon, 2nd October 2017

3:52 am

Dividend Declaration

Sun, 23rd October 2016

6:33 am

Dividend Declaration

Sun, 31st January 2016

4:37 am

Dividend Disbursement

Sun, 25th October 2015

4:07 am

Dividend Declaration

Tue, 14th October 2014

5:38 am

Dividend

Thu, 30th January 2014

11:22 am

Dividend disbursed

Sun, 18th December 2016

9:00 am

Declaration of sale

Mon, 16th September 2013

4:28 am

Sponsors Share Sell

Thu, 5th September 2013

8:30 am

Sponsors Share Sell

Sun, 26th January 2025

7:54 am

Board Meeting schedule under LR 16(1)

Sun, 10th November 2024

6:19 am

Board Meeting schedule under LR 16(1)

Thu, 3rd October 2024

10:31 am

Board Meeting schedule under LR 19(1)

Sun, 28th April 2024

5:40 am

Board Meeting schedule under LR 16(1)

Tue, 23rd January 2024

4:39 am

Board Meeting schedule under LR 16(1)

Thu, 9th November 2023

7:35 am

Board Meeting schedule under LR 16(1)

Mon, 9th October 2023

6:55 am

Board Meeting schedule under LR 19(1)

Wed, 26th April 2023

5:25 am

Board Meeting schedule under LR 16(1)

Wed, 9th November 2022

4:20 am

Board Meeting schedule under LR 16(1)

Thu, 6th October 2022

10:01 am

Board Meeting schedule under LR 19(1)

Thu, 21st April 2022

4:25 am

Board Meeting schedule under LR 16(1)

Wed, 26th January 2022

4:10 am

Board Meeting schedule under LR 16(1)

Sun, 7th November 2021

7:25 am

Board Meeting schedule under LR 16(1)

Wed, 6th October 2021

4:05 am

Board Meeting schedule under LR 19(1)

Sun, 16th May 2021

4:05 am

Board Meeting schedule under LR 16(1)

Sun, 24th January 2021

4:05 am

Board Meeting schedule under LR 16(1)

Tue, 10th November 2020

4:42 am

Board Meeting schedule under LR 16(1)

Thu, 8th October 2020

3:52 am

Board Meeting schedule under LR 19(1)

Sun, 21st June 2020

8:11 am

Board Meeting schedule under LR 16(1)

Thu, 23rd January 2020

4:05 am

Board Meeting schedule under LR 16(1)

Mon, 11th November 2019

4:22 am

Board Meeting schedule under LR 16(1)

Sun, 13th October 2019

4:08 am

Board Meeting schedule under LR 19(1)

Tue, 23rd April 2019

3:56 am

Board Meeting schedule under LR 16(1)

Tue, 15th January 2019

7:31 am

Board Meeting schedule under LR 16(1)

Tue, 6th November 2018

4:55 am

Board Meeting schedule under LR 16(1)

Thu, 11th October 2018

8:57 am

Board Meeting schedule under LR 19(1)

Sun, 22nd April 2018

4:57 am

Board Meeting schedule under LR 16(1)

Sun, 21st January 2018

8:44 am

Board Meeting schedule under LR 16(1)

Thu, 9th November 2017

4:19 am

Board Meeting schedule under LR 16(1)

Thu, 21st September 2017

8:46 am

Board Meeting schedule under LR 19(1)

Sun, 23rd April 2017

8:19 am

Board Meeting schedule under LR 16(1)

Sun, 22nd January 2017

9:59 am

Board Meeting schedule under LR 16(1)

Wed, 9th November 2016

4:49 am

Board Meeting

Thu, 13th October 2016

11:10 am

Board Meeting

Mon, 25th April 2016

10:34 am

Board Meeting

Wed, 20th January 2016

10:47 am

Board Meeting

Tue, 10th November 2015

9:21 am

Board Meeting

Wed, 14th October 2015

9:39 am

Board Meeting schedule

Sun, 12th October 2014

10:59 am

Board Meeting

Thu, 24th October 2013

4:01 am

Board Meeting

Sun, 7th August 2011

3:57 pm

- In response to a DSE query...

In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price decrease

Nothing found..