ACI Formulations declares 30% cash dividend
The shareholders of ACI Formulations have approved 30% cash dividend and 5% stock dividend.
The approval came at the 25th Annual General Meeting held Monday.
ACI Formulations Chairman M Anis Ud Dowla presided over the meeting, reads a press release.
The meeting also approved the Audited Financial Statements for the year ended 30 June 2021 together with Reports of the Directors and Auditors of the company.
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ACI Formulations' Managing Director Shusmita Anis 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. She mentioned the contribution and efforts of the employees of the Company during the pandemic crisis.
