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GP

All Eps Dividend Board Agm Q1 Q2 Q3

GP 04-Aug-2020

Trading of the shares of the Company will remain suspended on record date i.e., 05.08.2020 for entitlement of Interim dividend.

GP 30-Jul-2020

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 03.08.2020 to 04.08.2020. Trading of the shares of the Company will remain suspended on record date i.e., 05.08.2020 for entitlement of interim dividend.

GP 20-Jul-2020

(Continuation news of GP): Pointing out the errors in the substance, methodologies and procedures of the audit exercise Grameenphone disputed the whole Audit Demand and Grameenphone through its current assessment concluded that there is no such obligation against the audit claims. (end)

GP 20-Jul-2020

(Continuation news of GP): and allocation of new numbers from "013" prefix/series. BTRC has consented for recycling of 7.9 Mn number. Requests for NOC remained pending at BTRC impacting network expansion and creating challenges for Grameenphone to ensure its network readiness under ongoing COVID-19 context. However, after receiving the court order, so far BTRC released significant part of NOCs and Grameenphone expects BTRC to release the remaining NOCs soon. (cont.9)

GP 20-Jul-2020

(Continuation news of GP): BTRC auditor appeared in the suit earlier and has not submitted its reply yet. The next date is fixed on 21 July 2020 for reply of BTRC and Auditor. After depositing first BDT 10,000,000,000, Grameenphone met with BTRC representatives in several occasions for release of NOC (No Objection Certificate) for equipment import and to address the number (new and recycle) crisis issue. Grameenphone pursued for 7.9 Mn recycle number (cont.8)

GP 20-Jul-2020

(Continuation news of GP): only virtual hearings will take place in both the Divisions (AD and HCD) till 15 June 2020 which was subsequently extended till further notice. Grameenphone is prepared with the compliance application which will be submitted as and when situation permits. The original Title suit is pending at the District Court. On 03 March 2020, BTRC appeared in the suit and sought time for submitting reply. (cont.7)

GP 20-Jul-2020

(Continuation news of GP): On 19 May 2020, Grameenphone has further deposited BDT 10,000,000,000 in compliance with the direction of Hon'ble AD dated 24 February 2020 and followed the same accounting treatment as did for the first deposit. Due to outbreak of the COVID-19 pandemic the hearing of Review Petition and Appeal have not taken place on 31 May 2020 at Hon'ble AD and HCD respectively. On 30 May 2020, the Supreme Court notified that due to COVID-19, (cont.6)

GP 20-Jul-2020

(Continuation news of GP): in default of the said payment, the interim order of stay and injunction passed by the Hon'ble High Court Division (HCD) shall stand vacated. Further, the Hon'ble AD also directed BTRC to allow GP to carry on its business without any hindrance and fixed the matter on 31 May 2020 for passing further order. On the same day, the Hon'ble HCD adjourned the hearing of the Appeal against the District Court's injunction rejection order till 31 May 2020. (cont.5)

GP 20-Jul-2020

(Continuation news of GP): the Hon'ble Appellate Division (AD) verbally directed Grameenphone to deposit BDT 10,000,000,000 within 24 February 2020. Following the said verbal order, Grameenphone deposited the money on 23 February 2020 and booked the deposit as non-current receivables as disclosed in Note 8 to these financial statements. On 24 February 2020 the Hon'ble AD directed GP to deposit remaining BDT 10,000,000,000 by 31 May 2020 and (cont.4)

GP 20-Jul-2020

(Continuation news of GP): but pending final outcome of the Court proceedings, management has concluded, through its current assessment, that is no obligation and hence no provision is required for these demands in the accompanying interim condensed financial statements. Our opinion is not modified in respect of the above matters. Note 36 (a) BTRC audit Regarding the latest audit, on 20 February 2020, in the hearing of a Review Petition filed by Grameenphone on 26 January 2020, (cont.3)

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