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The Financial Express

ELBL approves 100pc cash dividend

FE Desk Report | Published: February 11, 2020 11:23:08 | Updated: February 12, 2020 11:06:13


ELBL approves 100pc cash dividend

The 51st Annual General Meeting (AGM) of Eastern Lubricants Blenders Limited (ELBL) was held in Chattogram city recently, says a statement.

Chairman of BPC and ELBL board Md. Shamsur Rahman, also a Secretary, presided over the meeting. Directors Md. Sarwar Alam, Syed Mehdi Hasan, Mohammed Shahidul Alam, Quazi Mohammad Hasan, independent director Advocate Munshi Golam Mostofa, Md. Quamrul Hasan and Company Secretary Ali Absar, other high officials and shareholders were present.

The company's Audited Financial Statements of 2018-19 was approved at the AGM. The meeting also approved 100 per cent cash dividend as recommended by the board of directors.

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