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CSE news on BSRMSTEEL
2024-10-23: CB Free
BSRMSTEEL: Please note that there will be no price limit today 23.10.2024 on the trading of the shares of the company following its corporate declaration.
2024-10-23: Recommendation of Dividend
BSRMSTEEL: The Board of Directors has recommended 32% cash dividend for the year ended June 30, 2024. Date of AGM: 14.12.2024, Time: 10:30 AM, Venue: Digital Platform. Record Date: 14.11.2024. The Company has also reported EPS of Tk. 10.10, NAV per share of Tk. 80.93 and NOCFPS of Tk. 16.32 for the year ended June 30, 2024 as against Tk. 7.92, Tk. 73.32 and Tk. 29.15 respectively for the year ended June 30, 2023.
2024-10-14: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Corporation will be held on October 22, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
2024-04-30: Un-audited Financial Statements
BSRMSTEEL: (Quarter 3) As per un-audited financial statements of the Company, EPS was Tk. 3.32 for January-March 2024 as against Tk. 2.98 for January-March 2023; EPS was Tk. 7.43 for July 2023-March 2024 as against Tk. 3.22 for July 2022-March 2023. NOCFPS was Tk. 14.93 for July 2023-March 2024 as against Tk. 34.92 for July 2022-March 2023. NAV per share was Tk. 78.26 as on March 31, 2024 and Tk. 73.32 as on June 30, 2023. Reason for deviation in EPS and NOCFPS:EPS has increased due to higher contribution in GP margin and NOCFPS has decreased due to decrease in volume of Sales and increased volume of payment to suppliers.
2024-04-23: Board Meeting
BSRMSTEEL: The Company has informed that the Board Meeting will be held on April 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
2024-04-17: Cash Dividend Disbursement
BSRMSTEEL: The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
2024-01-30: Un-audited HY A/Cs
BSRMSTEEL: (Quarter 2) As per un-audited half yearly accounts of the company, EPS was Tk. 2.90 for October-December 2023 as against Tk. 1.17 for October-December 2022; EPS was Tk. 4.11 for July-December 2023 as against Tk. 0.24 for July-December 2022. NOCFPS was Tk. 12.86 for July-December 2023 as against Tk. 15.82 for July-December 2022. NAV per share was Tk. 74.94 as on December 31, 2023 and Tk. 73.32 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: EPS has been increased due to increase in net profit after tax. NOCFPS has been decreased due to decrease in volume of sales and increased volume of payment to suppliers.
2024-01-24: Board Meeting
BSRMSTEEL: The Company has informed that the Board Meeting of the Company will be held on January 29, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
2023-11-30: Credit Rating
BSRMSTEEL: Credit Rating Information and Services Limited (CRISL) has rated BSRM Steels Limited as ''AA+'' in the long term and ''ST-2'' in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2023, unaudited financial up to September 30, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2023-11-13: Cont-Un-audited Financial Statements
BSRMSTEEL(cont): As net profit after tax increased due to raw materials price reduced in international market and foreign currency translation loss also reduced due to low volume of FC outstanding amount as on reporting period. NOCFPS is Tk. 4.86 compared to the previous period of Tk. (2.93) due to more cash receipts from customers, increased in sales price per MT and deferred payment to foreign suppliers.(end)
2023-11-13: Un-audited Financial Statements
BSRMSTEEL: (Quarter 1) As per un-audited financial statements of the Company, EPS was Tk. 1.21 for July-September 2023 as against Tk. (0.93) for July-September 2022; NOCFPS was Tk. 4.86 for July-September 2023 as against Tk. (2.93) for July-September 2022. NAV per share was Tk. 74.54 as on September 30, 2023 and Tk. 73.32 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: EPS for three month ended on 30th September 2023 is Tk. 1.21 against Tk. (0.93) for the same period of previous year.(cont)
2023-11-07: Record Date tomorrow (08.11.2023)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will remain suspended on its record date i.e., 08.11.2023. Trading of the shares of the Company will resume on 09.11.2023.
2023-11-05: Spot trade from tomorrow (06.11.2023)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will be allowed only in the Spot Market from 06.11.2023 to 07.11.2023 as the record date of the Company is on 08.11.2023.
2023-11-05: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Corporation will be held on November 12, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
2023-10-15: CB Free
BSRMSTEEL: Please note that there will be no price limit today 15.10.2023 on the trading of the shares of the Company following its corporate declaration. However, the floor price shall be applicable accordingly.
2023-10-15: Recommendation of Dividend
BSRMSTEEL: The Board of Directors has recommended 25% Cash Dividend for the year ended June 30, 2023. Date of AGM: 28.12.2023, Time: 10:00 AM. Venue: Digital Platform. Record Date: 08.11.2023. The Company has also reported EPS of Tk. 7.92, NAV per share of Tk. 73.32 and NOCFPS of Tk. 29.15 for the year ended June 30, 2023 as against Tk. 8.72, Tk. 68.99 and Tk. 10.62 respectively for the year ended June 30, 2022.
2023-10-05: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Corporation will be held on October 12, 2023 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
2023-04-24: Un-audited Financial Statements
BSRMSTEEL: (Quarter 3) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. 2.98 for January-March 2023 as against Tk. 2.74 for January-March 2022; EPS was Tk. 3.22 for July 2022-March 2023 as against Tk. 8.08 for July 2021-March 2022. NOCFPS was Tk. 34.92 for July 2022-March 2023 as against Tk. 17.28 for July 2021-March 2022. NAV per share was Tk. 68.62 as on March 31, 2023 and Tk. 68.99 as on June 30, 2022. NOCFPS has increased due to more cash receipts from customers and increased volume of sales quantity and selling price.
2023-04-13: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on April 18, 2023 at 1:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
2023-01-31: Un-audited HY A/Cs
BSRMSTEEL: As per un-audited half-yearly accounts of BSRM Steels Limited, EPS was Tk. 1.17 for October-December 2022 as against Tk. 2.46 for October-December 2021; EPS was Tk. 0.24 for July-December 2022 as against Tk. 5.34 for July-December 2021. NOCFPS was Tk. 15.82 for July-December 2022 as against Tk. 5.61 for July-December 2021. NAV per share was Tk. 65.63 as on December 31, 2022 and Tk. 68.99 as on June 30, 2022. Reasons for deviation in EPS, NAVPS and NOCFPS: EPS has decreased due to foreign currency translation loss and increased price of raw materials. NOCFPS has increased due to more cash receipt from customers and increased volume of sales. NAV per share has decreased due to provision for cash dividend for the period 2021-2022.
2023-01-29: Cash Dividend Disbursement
BSRMSTEEL: BSRM Steels Limited has informed that it has disbursed the final cash dividend for the year ended June 30, 2022 to the respective shareholder's bank account through BEFTN on January 24 & 25, 2023.
2023-01-24: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on January 30, 2023 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
2022-12-13: Un-audited Financial Statements
BSRMSTEEL: (Quarter 1) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. (0.93) for July-September 2022 as against Tk. 2.89 for July-September 2021; NOCFPS was Tk. (2.93) for July-September 2022 as against Tk. 4.29 for July-September 2021. NAV per share was Tk. 67.69 as on September 30, 2022 and Tk. 68.99 as on June 30, 2022. The Company has informed that they have incurred loss due to foreign currency translation and transaction loss, increase in local and imported raw materials price and unfavorable movement of foreign currency. NOCFPS has been decreased due to more cash payment to suppliers, employees and foreign currency transaction loss.
2022-12-07: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on December 12, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
2022-11-30: Credit Rating
BSRMSTEEL: Credit Rating Information and Services Limited (CRISL) has rated BSRM Steels Limited as "AA+" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2022, unaudited financial up to September 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2022-11-22: Record Date tomorrow (23.11.2022)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will remain suspended on its record date i.e., 23.11.2022. Trading of the shares of the Company will resume on 24.11.2022.
2022-11-20: Spot trade from tomorrow (21.11.2022)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will be allowed only in the Spot Market from 21.11.2022 to 22.11.2022 as the record date of the Company is on 23.11.2022.
2022-10-30: CB Free
BSRMSTEEL: Please note that there will be no price limit today 30.10.2022 on the trading of the shares of the company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
2022-10-30: Recommendation of Dividend
BSRMSTEEL: The Board of Directors has recommended 30% cash dividend for the year ended June 30, 2022. Date of AGM: 28.12.2022, Time: 10:30 AM, Venue: Digital Platform. Record Date: 23.11.2022. The Company has also reported EPS of Tk. 8.72, NAV per share of Tk. 68.99 and NOCFPS of Tk. 10.62 for the year ended June 30, 2022 as against Tk. 8.10, Tk. 62.38 and Tk. 20.87 respectively for the same period of the previous year.
2022-10-20: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on October 27, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
2022-05-09: Buy Confirmation
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has further reported that it has completed its buy of 20,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 03.04.2022.
2022-04-26: Un-audited Financial Statements
BSRMSTEEL: (Quarter 3) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. 2.74 for January-March 2022 as against Tk. 3.68 for January-March 2021; EPS was Tk. 8.08 for July 2021-March 2022 as against Tk. 6.88 for July 2020-March 2021. NOCFPS was Tk. 17.28 for July 2021-March 2022 as against Tk. 27.76 for July 2020-March 2021. NAV per share was Tk. 68.83 as on March 31, 2022 and Tk. 62.38 as on June 30, 2021.
2022-04-20: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on April 25, 2022 at 2:10 PM to consider, among others, un-audited financial statements of the company for the Third Quarter (Q3) period ended March 31, 2022.
2022-04-03: Buy Intention
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has reported its intention to buy 20,00,000 shares of the company at prevailing market price (in the Public market) through Dhaka Stock Exchange within April 28, 2022, as per Rule-4 of the BSEC (Substantial Acquisition of Shares and Takeovers), Rules, 2018.
2022-03-23: Buy Confirmation
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has further reported that it has completed its buy of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 14.02.2022.
2022-02-14: Buy Intention
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has reported its intention to buy 10,00,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (CSE) within next 30 working days, as per Rule-4 of the BSEC (Substantial Acquisition of shares and Takeovers), Rules, 2018.
2022-01-31: Buy Confirmation
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has further reported that it has completed its buy of 8,50,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 14.12.2021.
2022-01-31: Buy Confirmation
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has further reported that it has completed its buy of 8,50,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 19.12.2021.
2022-01-27: Un-audited HY A/Cs (additional Information
BSRMSTEEL: (Quarter 2) BSRMS Steels Ltd. has further informed that, EPS has increased for higher sales of price and decrease of financial expense. NOCFPS has decreased due to more cash payment to suppliers, employees. NAV per share has increased due to increment of Net income.
2022-01-27: Un-audited HY A/Cs
BSRMSTEEL: (Quarter 2) As per un-audited half yearly accounts of BSRMS Steels Ltd., EPS was Tk. 2.46 for October-December 2021 as against Tk. 2.25 for October-December 2020; EPS was Tk. 5.34 for July-December 2021 as against Tk. 3.20 for July-December 2020. NOCFPS was Tk. 5.61 for July-December 2021 as against Tk. 17.54 for July-December 2020. NAV per share was Tk. 65.92 as on December 31, 2021 and Tk. 62.38 as on June 30, 2021.
2022-01-24: Cash Dividend Disbursement
BSRMSTEEL: BSRM Steels Limited has informed that it has disbursed the final cash dividend for the year ended June 30, 2021 to the respective shareholder's bank account through BEFTN on January 16 & 17, 2022.
2022-01-23: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on January 26, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2021.
2021-12-19: Buy Intention
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has reported its intention to buy 8,50,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days, as per Rule-4 of the BSEC (Substantial Acquisition of shares and Takeovers), Rules, 2018.
2021-12-14: Buy Intention
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has reported its intention to buy 8,50,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (CSE) within next 30 working days, as per Rule-4 of the BSEC (Substantial Acquisition of shares and Takeovers), Rules, 2018.
2021-12-05: Buy Confirmation
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has further reported that it has completed its buy of 3,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 21.11.2021.
2021-12-01: Buy Confirmation
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has further reported that it has completed its buy of 7,50,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 18.11.2021.
2021-11-21: Buy Intention
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has reported its intention to buy 3,00,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (CSE) within next 30 working days, as per Rule-4 of the BSEC (Substantial Acquisition of shares and Takeovers), Rules, 2018.
2021-11-18: Buy Intention
BSRMSTEEL: H. Akberali & Co. Limited, one of the Corporate Directors of BSRM Steels Limited, has reported its intention to buy 7,50,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days, as per Rule-4 of the BSEC (Substantial Acquisition of shares and Takeovers), Rules, 2018.
2021-11-17: Record Date tomorrow (18.11.2021)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will remain suspended on its record date i.e., 18.11.2021. Trading of the shares of the Company will resume on 21.11.2021.
2021-11-15: Spot trade from tomorrow (16.11.2021)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will be allowed only in the Spot Market from 16.11.2021 to 17.11.2021 as the record date of the Company is on 18.11.2021.
2021-11-15: Conference on unaudited quarterly financial statements
BSRMSTEEL: BSRM Steels Limited has informed that the Board of Directors of the Company has decided to call a web based conference on financial performance for the first quarter ended on September 30, 2021 as per following schedule - Date: November 16, 2021, Time: 4:30 PM, Venue: Digital Platform, Joining Link: https://bit.ly/3c3Ybxm, Passcode: bsrm@52.
2021-11-14: Un-audited Financial Statements
BSRMSTEEL: (Quarter 1) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. 2.89 for July-September 2021 as against Tk. 0.95 for July-September 2020. NOCFPS was Tk. 4.29 for July-September 2021 as against Tk. 5.82 for July-September 2020. NAV per share was Tk. 66.99 as on September 30, 2021 and Tk. 62.38 as on June 30, 2021. Reasons for increase EPS: The basic Earnings Per Share for the quarter ended 30th September 2021 is Tk. 2.89 against Tk. 0.95 for the same period of previous year. The increase is primarily for higher sales volume, sales price and decrease of financial expense.
2021-11-08: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on November 11, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
2021-11-02: Credit Rating
BSRMSTEEL: Credit Rating Information and Services Limited (CRISL) has rated BSRM Steels Limited as ''AA+'' in the long term and ''ST-2'' in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2021-10-24: Cont2-Recommendation of Dividend (Additional Information)
BSRMSTEEL(Additional Information)(cont2):Since investment in associate has converted to investment in financial asset, the company has to record this asset at fair value as per requirement of lAS28. At the time of derecognition of investment in Associates, BSRM Steels limited recognized gain/loss (difference between fair value and carrying amounts) in profit & loss accounts. For this reason, the company recorded loss (1,012,671,667). V) Total Income Tax expense has decreased by 19.52% from BDT 1,083.00 mn to BDT 872.00 ml due to impact of deferred tax.(end)
2021-10-24: Cont1-Recommendation of Dividend (Additional Information)
BSRMSTEEL(Additional Information)(cont1):ii) The Company's operating Selling and Distribution expenses was decreased as compared to the previous year, primarily due to decrease in Advertisement and Marketing expenses in this pandemic situation. iii) The Company's financial expenses were decreased as compared to the previous year, primarily for reduction of interest rate and stimulus package. Due to low rate of interest, the Company have paid less interest on time and demand loan and syndicate loan compared to previous year. iv) Now BSRM Steel Mills Limited is no longer associate company of BSRM Steels Limited. It is financial asset as per IFRS 9.(cont2)
2021-10-24: Recommendation of Dividend (Additional Information)
BSRMSTEEL(Additional Information): The Company has further informed that the operating and financial review is intended to convey the Management's perspective on the financial and operating performance of the Company. During the year under review, the Company recorded a profit after tax of Tk. 3,047.00 Million against previous year profit of Tk. 742.00 Million. The increase is primarily for higher sales volume, increase of selling price and decrease of financial expenses. The analysis of major items of the financial statements are given below: i) During this year total revenue was increased as compared to previous year due to increase in sales volume and selling price.(cont1)
2021-10-24: CB Free
BSRMSTEEL: Please note that there will be no price limit today 24.10.2021 on the trading of the shares of the Company following its corporate declaration.
2021-10-24: Cont-Recommendation of Dividend and other decision
BSRMSTEEL(cont):The board has approved revised capital investment of BDT 1,850 Crore against previous PSI dated October 15, 2020 for BDT 700 crore for setting up of new bar and wire rolling and expansion of melting unit to enhance capacity of rolling by 6.00 lac M. ton per annum and melting 2.5 lac M. Ton per annum to cater the growing market demand for quality steel products. The expansion will be financed by own as well as Debt fund and expected to be ready for operation by the end of 2023.(end)
2021-10-24: Recommendation of Dividend and other decision
BSRMSTEEL: The Board of Directors has recommended final 30% cash dividend (total 40% cash dividend including interim 10% cash dividend which has already been paid) for the year ended on June 30, 2021. Date of AGM: 23.12.2021, Time: 10:30 AM, Venue: Digital Platform. Record Date: 18.11.2021. The Company has also reported EPS of Tk. 8.10, NAV per share of Tk. 62.38 and NOCFPS of Tk. 20.87 for the year ended on June 30, 2021 as against Tk. 1.97, Tk. 56.84 and Tk. 5.57 respectively for the same period of the previous year.(cont)
2021-10-14: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on October 23, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
2021-06-16: Un-audited Financial Statements
BSRMSTEEL: (Quarter 3) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. 3.68 for January-March 2021 as against Tk. 1.46 for January-March 2020; EPS was Tk. 6.88 for July 2020-March 2021 as against Tk. 1.91 for July 2019-March 2020. NOCFPS was Tk. 27.76 for July 2020-March 2021 as against Tk. (6.33) for July 2019-March 2020. NAV per share was Tk. 57.62 as on March 31, 2021 and Tk. 56.84 as on June 30, 2020. The Company also informed that EPS increase due to primarily for higher sales volume, sales price and decrease of financial expenses. NOCFPS increase due to more cash collection from customers and less payment to suppliers, employees and interest on all types of loans.
2021-06-09: Reschedule of Board Meeting
BSRMSTEEL: BSRM Steels Limited has further informed the Board Meeting of the Company will now be held on June 15, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
2021-05-18: Postponement of Board Meeting
BSRMSTEEL: BSRM Steels Limited has further informed that due to unavoidable circumstances, the Board Meeting of the Company scheduled to be held on May 20, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021, has been postponed until further notice.
2021-05-12: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on May 20, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
2021-03-28: Interim Dividend Disbursement
BSRMSTEEL: BSRM Steels Limited has informed that it has disbursed the Interim Cash Dividend for the year 2020-2021 to the respective shareholders' bank accounts on March 24 & 25, 2021 through BEFTN.
2021-02-25: Record Date on 28.02.2021
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will remain suspended on its record date i.e., 28.02.2021 for entitlement of interim dividend. Trading of the shares of the Company will resume on 01.03.2021.
2021-02-23: Spot trade from tomorrow (24.02.2021)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will be allowed only in the Spot Market from 24.02.2021 to 25.02.2021 as the record date of the Company is on 28.02.2021 for entitlement of interim dividend.
2021-01-31: Un-audited HY A/Cs
BSRMSTEEL: (Quarter 2) As per un-audited half yearly accounts of BSRMS Steels Ltd., EPS was Tk. 2.25 for October-December 2020 as against Tk. 0.07 for October-December 2019; EPS was Tk. 3.20 for July-December 2020 as against Tk. 0.45 for July-December 2019. NOCFPS was Tk. 17.54 for July-December 2020 as against Tk. 4.44 for July-December 2019. NAV per share was Tk. 58.54 as on December 31, 2020 and Tk. 56.84 as on June 30, 2020.
2021-01-31: CB Free
BSRMSTEEL: Please note that there will be no price limit today 31.01.2021 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
2021-01-31: Recommendation of Interim Dividend
BSRMSTEEL: The Board of Directors of the Company has declared 10% interim cash dividend for the year ending on June 30, 2021 based on 6 months un-audited Financial Statements for the period ended on December 31, 2020. Record date for entitlement of interim cash dividend: 28.02.2021.
2021-01-24: Cash Dividend Disbursement
BSRMSTEEL: BSRM Steels Limited has informed that cash dividend for the year ended on June 30, 2020 to the respective shareholders Bank Accounts through BEFTN system on January 28, 2021.
2021-01-24: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on January 28, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
2020-11-19: Credit Rating
BSRMSTEEL: Credit Rating Information and Services Limited (CRISL) has rated BSRM Steels Limited as "AA+" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2020-11-15: Un-audited Financial Statements
BSRMSTEEL: (Quarter 1) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. 0.95 for July-September 2020 as against Tk. 0.38 for July-September 2019. NOCFPS was Tk. 5.82 for July-September 2020 as against Tk. (11.23) for July-September 2019. NAV per share was Tk. 57.79 as on September 30, 2020 and Tk. 56.84 as on June 30, 2020.
2020-11-12: Record Date on 15.11.2020
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will remain suspended on its record date i.e., 15.11.2020. Trading of the shares of the Company will resume on 16.11.2020.
2020-11-10: Spot trade from tomorrow (11.11.2020)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will be allowed only in the Spot Market from 11.11.2020 to 12.11.2020 as the record date of the Company is on 15.11.2020.
2020-11-08: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on November 12, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.
2020-10-18: Setting up a plant to increase capacity
BSRMSTEEL: BSRM Steels Limited has informed that the Board of the Company has approved investment of BDT 700.00 crore (Approx.) for setting up a new steel plant to raise capacity by another 5 Lakh M. Ton MS Products per annum to cater the market demand. The new plant is expected to start its operation by the middle of 2023.
2020-10-18: CB Free
BSRMSTEEL: Please note that there will be no price limit today 18.10.2020 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
2020-10-18: Cont-Recommendation of Dividend
BSRMSTEEL(cont): 2) Considering deduction of all types of taxes as minimum tax of (as per sec 82C imposed specifically on steel industry by the government), tax paid is BDT 781 million which is much higher than regular tax of 25% of BDT 213 million had there been no such minimum tax law. 3) Increase of Deferred tax due to addition to fixed assets of new melting unit. 4)Increase of finance expenses due to setting up a new steel plant for billet production.(end)
2020-10-18: Recommendation of Dividend
BSRMSTEEL: The Board of Directors has recommended 15% cash dividend for the year ended on June 30, 2020. Date of AGM: 24.12.2020, Time: 10:30 AM, Venue: Digital Platform. Record date: 15.11.2020. The Company has also reported EPS of Tk. 1.97, NAV per share of Tk. 56.84 and NOCFPS of Tk. 5.81 for the year ended on June 30, 2020 as against Tk. 4.60, Tk. 55.58 and Tk. (12.43) respectively for the same period of the previous year. Reasons of less EPS compared to last year: 1) Less Production & less Sales due to pandemic COVID-19.(cont)
2020-10-08: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on October 15, 2020 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.
2020-06-28: Un-audited Financial Statement
BSRMSTEEL: (Quarter 3) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. 1.46 for January-March 2020 as against Tk. 1.01 for January-March 2019; EPS was Tk. 1.91 for July 2019-March 2020 as against Tk. 3.11 for July 2018-March 2019. NOCFPS was Tk. (6.33) for July 2019-March 2020 as against Tk. 1.55 for July 2018-March 2019. NAV per share was Tk. 56.78 as on March 31, 2020 and Tk. 55.58 as on June 30, 2019.
2020-06-18: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on June 25, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2020.
2020-01-27: Un-audited HY A/Cs
BSRMSTEEL: (Quarter 2) As per un-audited half yearly accounts of BSRMS Steels Ltd., EPS was Tk. 0.07 for October-December 2019 as against Tk. 0.88 for October-December 2018; EPS was Tk. 0.45 for July-December 2019 as against Tk. 2.10 for July-December 2018. NOCFPS was Tk. 4.44 for July-December 2019 as against Tk. (5.86) for July-December 2018. NAV per share was Tk. 55.31 as on December 31, 2019 and Tk. 55.58 as on June 30, 2019.
2020-01-20: Cash Dividend Disbursement
BSRMSTEEL: BSRM Steels Limited has informed that cash dividend for the year ended on June 30, 2019 has been disbursed to the shareholders' Bank Accounts through BEFTN and online transfer.
2020-01-20: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on January 26, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.
2019-11-13: Un-audited Financial Statements
BSRMSTEEL: (Quarter 1) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. 0.38 for July-September 2019 as against Tk. 1.22 for July-September 2018. NOCFPS was Tk. (11.23) for July-September 2019 as against Tk. (6.80) for July-September 2018. NAV per share was Tk. 55.97 as on September 30, 2019 and Tk. 55.58 as on June 30, 2019.
2019-11-05: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on November 12, 2019 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.
2019-10-24: Record Date on 27.10.2019
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will remain suspended on its record date i.e., 27.10.2019. Trading of the shares of the Company will resume on 28.10.2019.
2019-10-22: Spot trade from tomorrow (23.10.2019)
BSRMSTEEL: Trading of the shares of BSRM Steels Limited will be allowed only in the Spot Market from 23.10.2019 to 24.10.2019 as the record date of the Company is on 27.10.2019.
2019-09-30: Credit Rating
BSRMSTEEL: Credit Rating Information and Services Limited (CRISL) has rated BSRM Steels Limited as "AA+" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2019-09-17: Recommendation of Dividend (Additional Information)
BSRMSTEEL: The Company has also informed that negative NOCFPS for 2019, the reasons are slower collection of sales proceeds due to increased competition in the market and commencement of operation of the Company new Billet Making plant that needs initial working capital loans from different banks.
2019-09-17: CB Free
BSRMSTEEL: Please note that there will be no price limit today 17 September 2019 on the trading of shares of the Company following its corporate disclosure.
2019-09-17: Recommendation of Dividend
BSRMSTEEL: The Board of Directors has recommended 25% cash dividend for the year ended on June 30, 2019. Date of AGM: 19.12.2019, Time: 9:30 AM, Venue: Shoronika Community Centre, 13 Love Lane, Chattogram. Record date: 27.10.2019. The Company has also reported EPS of Tk. 4.60, NAV per share of Tk. 55.58 and NOCFPS of Tk. (12.43) for the year ended on June 30, 2019 as against Tk. 4.79, Tk. 37.48 and Tk. 2.20 respectively for the same period of the previous year.
2019-09-08: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on September 16, 2019 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.
2019-01-22: Un-audited HY A/Cs
BSRMSTEEL: (Quarter 2) As per un-audited half yearly accounts of BSRMS Steels Ltd., EPS was Tk. 0.88 for October-December 2018 as against Tk. 0.62 for October-December 2017; EPS was Tk. 2.10 for July-December 2018 as against Tk. 1.58 for July-December 2017. NOCFPS was Tk. (5.86) for July-December 2018 as against Tk. (3.10) for July-December 2017. NAV per share was Tk. 35.27 as on December 31, 2018 and Tk. 37.48 as on June 30, 2018.
2019-01-16: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held January 21, 2019 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.
2019-01-03: Dividend Disbursement
BSRMSTEEL: BSRM Steels Limited has informed that the Bonus shares of the Company for the year ended on June 30, 2018 have already been credited through CDBL to the respective shareholders' BO Accounts. The payment of cash dividend has been disbursed to the shareholders' Bank Accounts through BEFTN.
2018-11-11: Un-audited Financial Statements
BSRMSTEEL: (Quarter 1) As per un-audited financial statements of BSRM Steels Limited, EPS was Tk. 1.34 for July-September, 2018 as against Tk. 1.06 for July-September, 2017. NOCFPS was Tk. (6.80) for July-September, 2018 as against Tk. (8.12) for July-September, 2017. NAV per share was Tk. 38.83 as on September 30, 2018 and Tk. 37.48 as on June 30, 2018.
2018-11-05: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on November 10, 2018 at 10:00 AM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
2018-11-05: Land Purchase and Construction of Warehouse
BSRMSTEEL: BSRM Steels Ltd. has informed that the Board of Directors has decided to purchase 110 decimal land at Mouja: Chapatoli, Thana: Bondor, Distric: Narayangonj for extension of its warehouse. The approximate cost of land and construction of warehouse will be Tk. 10.00 crore and Tk. 30.00 crore respectively.
2018-10-22: Ex-benefit Price Adjustments
BSRMSTEEL: Please note that the price of the shares of BSRMSTEEL is adjusted today following its ex-benefits date to the extent of its corporate benefits; hence the price limit on the scrip will remain as it is today. Therefore, adjusted price of BSRMSTEEL =Tk.63.40.
2018-10-18: Record Date on 21.10.2018
BSRMSTEEL: Trading of the shares of BSRM Steels Ltd. will remain suspended on its record date i.e., 21.10.2018. Trading of the shares of the Company will resume on 22.10.2018.
2018-10-16: Spot trade from tomorrow (17.10.2018)
BSRMSTEEL: Trading of the shares of BSRM Steels Ltd. will be allowed only in the Spot Market from 17.10.2018 to 18.10.2018 as the record date of the Company is on 21.10.2018.
2018-10-02: Credit Rating
BSRMSTEEL: Credit Rating Information and Services Limited (CRISL) has rated BSRM Steels Limited as ''AA+'' in the long term and ''ST-2'' in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2018-09-26: Correction-Financial Information
BSRMSTEEL(correction): BSRM Steels Ltd. has also reported EPS of Tk. 5.27, NAV per share of Tk. 37.48 and NOCFPS of Tk. 2.90 for the year ended on June 30, 2018 as against Tk. 4.98, Tk. 34.03 and Tk. 1.07 respectively for the same period of the previous year.
2018-09-26: CB Free
BSRMSTEEL: Please note that there will be no price limit today 26 September 2018 on the trading of shares of BSRM Steels Ltd. following its corporate disclosure.
2018-09-26: Financial Information
BSRMSTEEL: BSRM Steels Ltd. has also reported Consolidated EPS of Tk.5.27, Consolidated Net Asset Value (NAV) per share of Tk. 37.48 & Consolidated Net Operating Cash Flow per share (NOCFPS) of Tk.2.90 for the year ended on 30 June'18 as against Tk. 4.98, Tk. 34.03 and Tk. 1.07 respectively for the same period of the previous year.
2018-09-26: Recommendation of Dividend
BSRMSTEEL: BSRM Steels Ltd. has recommended 10% Cash & 10% Stock Dividend for the year ended on June 30, 2018. AGM will be held on 03 December 2018 at 9:30 AM at Shoronika Community Centre, 13 Love Lane, Chattogram. Record Date is on 21 October 2018.
2018-09-18: Board Meeting
BSRMSTEEL: BSRM Steels Limited has informed that the Board Meeting of the Company will be held on September 25, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
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