The 14th annual general meeting of Baraka Patenga Power Limited, the second power plant of Baraka Group, was held online in combination with physical presence at Hotel Royal Mark in Sylhet recently.
Declaration of 2 per cent cash dividend for fiscal year 2023-2024 along with other agendas have been approved by the vote of the shareholders in the 14th annual general meeting.
It was moderated by company secretary Mohammad Rana. Chairman Faisal Ahmed Chowdhury in his welcome speech mentioned that the company invested in 51 per cent of total shares of each of Baraka Shikalbaha Power Limited and Karnaphuli Power Limited.
Apart from this, the Company also invested in 52.67 per cent of total shares in a newly established securities house namely Baraka Securities Limited. Baraka Patenga Power Limited is searching for new profitable ventures for future investment, he added.
Managing Director Gulam Rabbani Chowdhury has indicated that during the year 2023-24 the consolidated EPS of Baraka Patenga Power Ltd was Tk 0.35 and the consolidated Net Assets Value per share stood at Tk 26.52 as on June 30, 2024.
