Taufika Foods approves 16% dividend at 14th AGM
The 14th Annual General Meeting (AGM) of Taufika Foods and Lovello Ice Cream PLC, a listed company in the food and allied sector, was held on 28 December 2025 at 10:00am in a hybrid format.
The meeting took place at the company's registered office and factory at Bashile, Kathali, Valuka in Mymensingh. It was chaired by Datin' Shamima Nargis Haque, Chairman of the Board of Directors.
During the AGM, Dato' Engr Md Ekramul Haque, Managing Director of the company, presented the proceedings and briefed shareholders on key operational issues and future business plans. He expressed optimism regarding the company's continued growth and performance.
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Shareholders attending the AGM both physically and virtually approved a 16 per cent dividend for the 2024–25 financial year, comprising an 11 per cent cash dividend and a 5 per cent stock dividend.
The shareholders also approved a proposal to increase the company's authorised capital from Tk100 crore to Tk200 crore, along with other agenda items placed before the meeting.
Among others present at the AGM were Muhsinina Taufika Ekram, Director; Muhsinina Sharika Ekram, Director; Ruhul Ameen, FCMA, Independent Director; Barrister Sajed Ahammad Sami, Independent Director; Md Moheuddin Sardar, Company Secretary; Mustaque Ahmad, Chief Financial Officer; and Md Mahfuzur Rahman, Head of Internal Audit and Compliance.
