General

RFL approves 23% dividend

Rangpur Foundry Limited (RFL) has approved a 23 per cent dividend for its shareholders for the financial year 2020-2021.

The approval was made at the 41st Annual General Meeting (AGM) of the company Sunday on a digital platform.

Ahsan Khan Chowdhury, chairman, Rathendra Nath Paul, managing director, Sabiha Amjad, director, Chowdhury Kamruzzaman, director on behalf of Property Development, Md Abdus Salam, independent director, Choudhury Atiur Rasul, director (accounts), Uzma Chowdhury, director (finance), Kishor Kumar Debnath, chief financial officer and Muhammad Aminur Rahman, company secretary, and shareholders of the company attended the AGM.

The shareholders thanked the management for the company’s performance over the years and came up with suggestions to make it better.

RFL Group started its business in the cast iron sector with the production and marketing of hand tubewells in 1981.

It entered the polyvinyl chloride (PVC) – the world’s third-most widely produced synthetic plastic polymer – sector in 1996 and plastic in 2003.

Source: United News of Bangladesh