Bangladesh Lamps declares 20pc cash dividend

Star Business Desk

Bangladesh Lamps Ltd, authorised manufacturer and distributor of Transtec lighting products, including smart LED bulbs and Tube lights, declared a cash dividend of Tk 2 per share at its 60th annual general meeting held virtually yesterday.

Shahnaz Rahman, chairperson of the company, presided over the meeting, according to a statement.

Simeen Rahman, managing director and CEO of Bangladesh Lamps Ltd, conducted the meeting, which was attended by a large number of shareholders.

The meeting also approved the annual report and financial statements of the company for the year ended on June 30, 2021.