Bangladesh
5 years ago

Bengal Windsor director to sell 3.20m shares

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A sponsor-director of Bengal Windsor Thermoplastic Limited has declared to sell 3.20 million shares out of his total holding of 27.44 million shares of the company at prevailing market price.

Humayun Kabir, one of the sponsors-directors of the company, will sell the said amount of shares in the block market through Dhaka Stock Exchange (DSE) within next 30 working days, said an official disclosure on Monday.

Each share of the company, which was listed on the DSE in 2013, closed at Tk 28.60 on Sunday.

In the last one year, its share traded between Tk 26 and Tk 45.90.

The company also disbursed 10 per cent stock dividend in 2017.

The company’s paid-up capital is Tk 914.76 million and authorised capital is Tk 1.0 billion, while the number of securities is 91.47 million.

The sponsor-directors own 58.91 per cent stake in the company, while institutional investors own 26.98 per cent, and the general public 14.10 per cent as on November 30, 2018.

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