ELBL approves 100pc cash dividend

The 51st Annual General Meeting (AGM) of Eastern Lubricants Blenders Limited (ELBL) was held in Chattogram city recently, says a statement.

Chairman of BPC and ELBL board Md. Shamsur Rahman, also a Secretary, presided over the meeting. Directors Md. Sarwar Alam, Syed Mehdi Hasan, Mohammed Shahidul Alam, Quazi Mohammad Hasan, independent director Advocate Munshi Golam Mostofa, Md. Quamrul Hasan and Company Secretary Ali Absar, other high officials and shareholders were present.

The company's Audited Financial Statements of 2018-19 was approved at the AGM. The meeting also approved 100 percent cash dividend as recommended by the board of directors.