Chittagong Stock Exchange has changed its name to "Chittagong Stock Exchange PLC" from "Chittagong Stock Exchange Ltd."
The Registrar of Joint Stock Companies and Firms accorded approval to change the registered name of the company in compliance with the Companies Act, 1994 (2nd amendment 2020), said a statement.
A new Section [Indication of Limited Company] has been added which requires a public limited company to use the term "PLC" at the end instead of "Limited/Ltd."
Earlier, the shareholders in Annual General Meeting approved special resolution to adopt the change of registered name of the Company.