ACI Formulations has approved a 20 percent cash dividend for the current fiscal year among its shareholders.
The 24th Annual General Meeting of ACI Formulations Limited was held virtually on Thursday, according to a press release.
M Anis Ud Dowla, Chairman of the company, presided over the meeting.
The Audited Financial Statements for the year ended on June 30 2020, together with reports of the directors and auditors of the company were approved by the shareowners in the meeting.
They also approved 20 per cent Cash dividend for the said financial year.
Shusmita Anis, managing director of the company, highlighted a few of the salient features of the business and addressed the issues raised by the shareholders.
She also expressed gratitude and acknowledged co-operation of all stakeholders, at the same time mentioned the contribution and efforts from the employees of the company.