One of the Listed companies, Paper Processing & Packaging Limited has recommended 12% cash & 8% stock Dividends for the year ended June 30, 2023.
In terms of financial performance, the company has reported Earnings Per Share (EPS) of Tk. 4.71 for the year ending June 30, 2023. NAV per share of Tk. 35.50 for the year ended June 30, 2023. The company has informed that Stock Dividend is declared to meet regulatory requirements to raise paid up capital and re-investment in business as working capital.
The Annual General Meeting (AGM) of the company will be held on December 28, through the digital platform. The record date for this has been fixed at December 10.
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