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Market Digest

Bata approves 25pc cash dividend

  • Staff Correspondent
  • 13 August, 2021 12:00 AM
  • Print news

Bata Shoe Company (Bangladesh) Limited has approved 25 percent cash dividend for its shareholders for the year 2020.

The approval came at the 49th Annual General Meeting of the company held through digital platform on Thursday, said a press release.

Bata Shoe Chairman Rajeev Gopalakrishnan presided over the AGM.

At the meeting, the shareholders approved the audited financial statements and 25 percent cash dividend for the year 2020.

Anirban Asit Kumar Ghosh, Vice Chairman and Managing Director, Shaibal Sinha, Director Rupali Chowdhury, Independent Director, Shambhu Nath Jha, Finance Director and Hashim Reza, Company Secretary also attended the meeting. The Chairman of the company conveyed his sincere thanks to the shareholders, customers, suppliers, employees and the government for their support extended to the company.