AGMINDEXAGRO

INDEXAGRO AGM Disclosure

Published
Last verified by BullBD

Announcement summary

What happened
INDEXAGRO published a corporate disclosure on 9 December 2021. Read the full announcement for details.
Company
Index Agro Industries Limited
Announcement published

Original announcement

The Company has further informed that in its 21st Annual General Meeting held on today (December 09, 2021) has approved the repayment of partial short term loan of Tk. 35,49,32,100.00 from IPO proceeds. The reason for repaying the loan from IPO proceeds is that, the company applied for the Initial Public Offer (IPO) on October 27, 2016 and obtain consent from Bangladesh Securities and Exchange Commission on January 20, 2021. The entire process took more than 4 years. (cont.)

Bangla translation

A Bangla translation is under review because critical figures or dates did not match the English disclosure.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
61b23f359bb2a69962caf93e
Original publication
Last verified by BullBD
Translation
BullBD
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