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NURANI

All Eps Dividend Board Agm Q1 Q2 Q3

NURANI 01-Feb-2021

The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2020 to the respective shareholders' BO Accounts on January 24, 2021.

NURANI 31-Jan-2021

(Q2 Un-audited): EPS was Tk. (0.32) for October-December, 2020 as against Tk. 0.03 for October-December, 2019; EPS was Tk. (0.66) for July-December, 2020 as against Tk. 0.25 for July-December, 2019. NOCFPS was Tk. (0.30) for July-December, 2020 as against Tk. (0.36) for July-December, 2019. NAV per share was Tk. 9.54 as on December 31, 2020 and Tk. 11.23 as on June 30, 2020.

NURANI 24-Nov-2020

(Continuation news of NURANI): The company could not provide proper supporting documents for balances of receivables or any policy regarding recoverability of these receivables. Hence, recovery of accounts receivable and also existence of the balances as on date is doubtful, but no provision for bad debts has been accounted for. (end)

NURANI 24-Nov-2020

(Continuation news of NURANI): of unsalable portion of inventories has been accounted for. The balance of accounts receivable has been increasing years to years. No latest status report thereof and confirmation certificate of lying balances as -on 30 June, 2020 with the concerned parties have been provided. About 53.7% of total sales are lying as trade receivables. The ageing period is unlikely in comparison to other companies of the same industry. (cont.3)

NURANI 24-Nov-2020

(Continuation news of NURANI): However, no technical status report as on 30 June, 2020 on the quantity, quality and value of inventories has been provided to us by the management. As such, we could not verify the physical existence with quality and saleable value of inventories. Movement of inventory were not recorded properly by the company and no valid evidence were provided to us conforming the stock or its net realizable value and no provision for written off the value (cont.2)

NURANI 24-Nov-2020

The auditor of Nurani Dyeing & Sweater Limited has given the following "Qualified Opinion" paragraph in the audit report of the Company prepared for the year ended on June 30, 2020. Qualified Opinion: 1. The volume of inventories is so high in comparison to purchase, production capacity, cost of goods sold and turnover as a whole and has been increasing years to years. We were not able to verify the inventories physically as on 30 June, 2020 due to COVID-19 risks. (cont.1)

NURANI 17-Nov-2020

Trading of the shares of the Company will resume on 18.11.2020 after record date.

NURANI 16-Nov-2020

Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2020.

NURANI 15-Nov-2020

(Q1 Un-audited): EPS was Tk. (0.47) for July-September, 2020 as against Tk. 0.26 for July-September, 2019. NOCFPS was Tk. (0.03) for July-September, 2020 as against Tk. (0.18) for July-September, 2019. NAV per share was Tk. 10.75 as on September 30, 2020 and Tk. 11.23 as on June 30, 2020.

NURANI 12-Nov-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 15.11.2020 to 16.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2020.

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