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BSRMSTEEL

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BSRMSTEEL 29-Sep-2016

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 06, 2016 at 4:00 PM to consider, among others, audited financial statements of the Company for the six months period (January-June, 2016) ended on June 30, 2016.

BSRMSTEEL 16-Jun-2016

The Company has informed that the Board of Directors of the Company has confirmed starting of Commercial Production of its Associated Company  BSRM Steel Mills Limited (holding 25.35% of shares) with effect from June 16, 2016. This plant is producing MS Billets with annual capacity of 8,62,000 M.Ton. No financial projection has been made on the basis of present production performance of BSRM Steel Mills Limited.

BSRMSTEEL 03-May-2016

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 08, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.

BSRMSTEEL 11-Feb-2016

The Board of Directors has recommended 30% cash dividend for the year ended on December 31, 2015. The Company has also decided to hold an EGM for the following: "BSRM Steels Limited and BSRM Iron & Steel Co. Ltd. will be merged under the provision of section 228 & 229 of the Companies Act 1994 by transferring all assets and liabilities of BSRM Iron & Steel Co. Ltd. to BSRM Steels Limited subject to the consent of shareholders at EGM and approval from the Hon'ble High Court division (cont.1)

BSRMSTEEL 03-Feb-2016

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on February 10, 2016 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.

BSRMSTEEL 26-Jan-2016

With reference to their earlier news disseminated by DSE on December 29 and 30, 2015 the Company has further informed that they have revised the PSI in the following manner: "The Board of Directors of BSRM Steels Limited has confirmed that the BSEC has approved to issue Zero Coupon Bond for Tk. 245,05,92,000.00 only to meet the capital expenditure/refinancing of costly loans and equity investment in the power project of BSRM Group of Companies. Face value of each bond is BDT Tk. 1,000.00 only".

BSRMSTEEL 08-Dec-2015

The Company has further informed that the Board of Directors has declared to start its commercial production with enhanced capacity after successful completion of BMRE works, with effect from December 07, 2015.

BSRMSTEEL 15-Nov-2015

The Company has informed the Board of Directors has decided that the mill will go for shut down for about 20 to 25 days from November 15, 2015 to complete the BMRE works i.e. to increase the production capacity from 6,00,000 metric ton to 7,00,000 metric ton.

BSRMSTEEL 12-Oct-2015

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 17, 2015 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the period ended on September 30, 2015.

BSRMSTEEL 12-Jul-2015

The Company has informed that the Board of Directors of the Company has decided to issue Zero Coupon Bond of Tk. 2,000.00 million subject to the approval from the Bangladesh Securities and Exchange Commission. The proceeds will be used for capital expenditure/ refinancing of costly loans and equity investment in the power project of BSRM Group of Companies.

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