Rangpur Dairy & Food Products is set to place in ‘B’ category from existing ‘A’ category with effect from Monday (December 10), said an official disclosure on Sunday.
The prime bourse—Dhaka Stock Exchange (DSE)—will send the company to ‘B’ category as company has approved only 5.0 per cent stock dividend for the year ended on June 30, 2018.
The stock brokers and merchant bankers are requested to abstain from providing loan facilities to purchase security of Rangpur Dairy & Food Products in between 1st to 30th trading day after change of categorisation, with effect from December 10 as per the securities regulator’s directive in this regard.
Each share of the company, which was listed on the Dhaka Stock Exchange in 2011, closed at Tk 16.80 on Thursday.
In the last one year, the company’s share traded between Tk 13 and Tk 23.40.
The company also disbursed 10 per cent cash dividend in 2017.
The company’s earnings per share (EPS) stood at Tk 0.14 for July-September, 2018 as against Tk 0.17 for July-September, 2017.
The net operating cash flow per share (NOCFPS) was Tk 0.34 for July-September, 2018 as against Tk. 0.29 for July-September, 2017.
The net asset value (NAV) per share was Tk 15.68 as on September 30, 2018 and Tk 15.54 as on June 30, 2018.
The company’s paid-up capital is Tk 655.92 million and authorised capital is Tk 1.0 billion, while the number of securities is 65.59 million.
The sponsor-directors own 27.14 per cent stake in the company, while institutional investors own 10.93 per cent, and the general public 61.95 per cent as on October 31, 2018.
