Market News Archive
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RELIANCINS: Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the Company as "AAA" in the long term along with Stable outlook in consideration of its audited financials up to December 31, 2024; unaudited financials up to March 31, 2025 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
CONTININS: Credit Rating Result
Alpha Credit Rating PLC. has assigned Surveillance rating of the Company as "AA+" in the long term and "ST-1" in the short term along with Stable outlook based on audited financial statement up to December 31, 2024 and relevant qualitative information till June 30, 2025.
SHASHADNIM: Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance rating of the Company as "AA3" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements up to June 30, 2024, un-audited financial statements of March 31, 2025 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
STYLECRAFT: Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance rating of the Company as "BBB3" in the long term and "ST-3" in the short term along with Stable outlook based on audited financial statements up to June 30, 2024, Bank liability position as on March 31, 2025 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
GIB: Board meeting schedule under19(1) to adopt rectified audited financials
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 July 08, 2025 at 3:00 PM to consider, among others, Rectified audited financial statements of the Company for the year ended December 31, 2023.
UTTARABANK: Credit Rating Result
Emerging Credit Rating Limited (ECRL) has assigned Surveillance rating to the Company as "AA" in the long term and and "ST-2" for short term along with a Stable outlook based on audited financial statements up to December 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating.
DUTCHBANGL: Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance rating of the Company as "AAA" in the long term and "ST-1" in the short term along with Stable outlook based on audited financial statements up to December 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
REPUBLIC: Election of Chairman
The company has informed that the Board of Directors has elected Dr. Suborna Barua as Chairman of the company.
MIDLANDBNK: Credit Rating Result
Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as "A+" in the long term and "ST-2" in the short term along with a Stable outlook based on audited financial statements up to December 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating.
GLOBALINS: 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 July 07, 2025 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2025.
GLOBALINS: 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 July 07, 2025 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
IPDC: Credit Rating Result
Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as "AAA" in the long term and "ST-1" in the short term along with a Stable outlook based on audited financial statements up to December 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating.
BAYLEASING: Credit Rating Result
Emerging Credit Rating Limited (ECRL) has downgraded long term credit rating to BB+ and short term credit rating to ST-4 along with a Stable outlook to Bay Leasing & Investment Limited based on unaudited financial statements up to December 31, 2024, audited financial statements up to December 31, 2023, and other relevant quantitative as well as qualitative information up to the date of rating.
RAHIMAFOOD: Production activity of Coconut Oil producing plant suspended
The company has informed that the Board of Directors of the company in its Board meeting held on 1st July, 2025 has taken the following price sensitive decision: Production activity of Coconut Oil producing plant of Rahima Food Corporation Ltd. will remain suspended until further notice with immediate effect.
ISLAMICFIN: Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.62) for January-March 2025 as against Tk. (1.62) for January-March 2024. NOCFPS was Tk. (0.02) for January-March 2025 as against Tk. (0.71) for January-March 2024. NAV per share was Tk. (0.42) as on March 31, 2025 and Tk. 0.20 as on December 31, 2024.
MEGHNALIFE: Q1 Financials
(Q1 Un-audited): As per life revenue account of the company for January to March, 2025, excess of total expenses including claims over total income (deficit) was BDT 781.01 million as against excess of total expenses including claims over total income (deficit) of BDT 974.90 million in the corresponding previous period of 2024. Balance of Life Insurance Fund was BDT 15,273.01 million as on March 31, 2025 as against BDT 15,776.04 million as on March 31, 2024 resulting a net decrease of BDT 503.03 million.
ISLAMICFIN: Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.07.2025) following its corporate declaration.
ISLAMICFIN: Dividend Declaration
The Board of Directors has recommended No Dividend for the year ended December 31, 2024. Date of AGM: 28.08.2025, Time: 11:00 AM, System of holding AGM: Hybrid System. Venue: Will be notified through AGM notice. Record Date: 28.07.2025. The Company has also reported EPS of Tk. (12.22), NAV per share of Tk. 0.20 and NOCFPS of Tk. (0.78) for the year ended December 31, 2024 as against Tk. (1.64), Tk. 12.42 and Tk. (0.38) respectively for the year ended December 31, 2023.
BERGERPBL: Establishment of new subsidiary company & bifurcation of land
The company will invest BDT 51 million (51% equity share) for establishment of a new subsidiary company named Jenson & Nicholson Packaging Limited (JNPL). Jenson & Nicholson (Bangladesh) Limited, a wholly owned subsidiary of Berger Paints Bangladesh Limited, will invest BDT 49 million to subscribe to remaining 49% equity in JNPL. The company will manufacture different packaging products at National Special Economic Zone. (cont.)
BERGERPBL: Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.07.2025) following its corporate declaration.