The 49th Annual General Meeting of Bata Shoe Company (Bangladesh) Limited was held through digital platform on Thursday, a release said.
The meeting was presided over by the Chairman Mr. Rajeev Gopalakrishnan.
At the meeting the shareholders approved the audited financial statements and 25% cash dividend for the year 2020.
Due to the worldwide as well as the country-wide effect of covid -19 the country was locked down for long time, as a result, the company is struggling with normal business, especially the company lost Eid business which contributes around 25% to 35% of total business.
Among other Directors, Mr. Anirban Asit Kumar Ghosh, Vice Chairman and Managing Director; Mr. Shaibal Sinha, Director; Ms. Rupali Chowdhury, Independent Director; Mr. Shambhu Nath Jha, Finance Director and Mr. Hashim Reza, Company Secretary also attended the meeting. In conclusion the Chairman conveyed his sincere thanks to the valued shareholders, customers, suppliers, employees and the Government for their continues support extended to the Company.
