The Bangladesh Securities and Exchange Commission (BSEC) has taken several important policy decisions to facilitate capital increase and dividend management of companies listed in the capital market.
According to the new decision, the obligation to jointly hold 30% shares in the case of a board of directors reconstituted by the regulatory body will no longer be an obstacle to capital increase or capital raising.
The BSEC gave this information in a press release on Wednesday (May 13).
Earlier, a decision in this regard was taken in the 1013th commission meeting chaired by BSEC chairman Khandaker Rashed Maqsood on Tuesday (May 12).
The notification said that if the board of directors of a listed company is reconstituted by the primary regulatory body and the combined shareholding of the reconstituted board is less than 30% or falls below that limit, then there will be no more obstacles in various capital increase activities including rights shares, bonus shares.
The commission has also decided to issue necessary notifications in this regard.
In addition, it has been decided that 'A' category banks listed on the stock exchange will be able to maintain dividend accounts in their own banks from now on. BSEC will issue separate instructions in this regard.
The meeting further decided that the 'BSEC Capital Market Journalism Excellence Awards and Fellowship 2026' will be organized this year as a continuation of the previous year to encourage transparent, responsible, and investigative journalism based on the capital market.