Corporate DisclosurePOWERGRID

POWERGRID Corporate Disclosure — 5 December 2018

Published
Last verified by BullBD

Announcement summary

What happened
POWERGRID published a corporate disclosure on 5 December 2018. Read the full announcement for details.
Company
Power Grid Company of Bangladesh Ltd.
Announcement published

Original announcement

(Continuation news of POWERGRID): 5. The Company has reported an amount of BDT 2,791,709,375 including addition during the year amounting to BDT 909,116,456 as provision for gratuity (Note # 16). The Company carries an unfunded gratuity scheme for its employees and provision is being made as per the Company's gratuity policy for which no actuarial valuation was done as required by BAS 19. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005afc7
Original publication
Last verified by BullBD
Translation
BullBD
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