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The 51st Annual General Meeting (AGM) of Berger Paints Bangladesh Limited was held on October 2, 2024, through digital platform.
Gerald K Adams, Chairman, Berger Paints Bangladesh Limited presided over the meeting. Rupali Haque Chowdhury, Managing Director, along with other directors Anil Bhalla, Parveen Mahmud, Reazul Haque Chowdhury, Rishma Kaur, Kanwardip Singh Dhingra, Sunil Sharma, Abhijit Roy, Jean-Claude Loutreuil, Sazzad Rahim Chowdhury and Md. Mohsin Habib Chowdhury also attended the meeting, according to a media release.
Gerald K Adams presented the Directors’ Report, Auditors’ Report and Audited Financial Statements for the year ended March 31, 2024, before the shareholders. Rupali Chowdhury replied to the shareholders’ queries.
500 per cent Cash Dividend was declared for 2023-2024 in the meeting. This represents a payout ratio of 74.6 per cent of PAT, which is consistent with the company’s dividend distribution policy, the release adds.