Bangladesh Steel Re-Rolling Mills Limited (BSRM) declared a 35 percent cash dividend for the financial year 2023-2024.

The announcement came at the company's 62nd annual general meeting (AGM) held virtually today, according to a press release.

Alihussain Akberali, chairman of the company, presided over the meeting.

In the welcome speech, the chairman discussed the present economic scenario and the company's future growth projections.

Besides, he highlighted various important aspects of the company's financial report.

Audited accounts for the financial year 2023-24 along with the report of the board of directors were approved in the meeting.

The company's shareholders from across the country joined the event and cast their valuable votes using their respective beneficiary owner identification numbers.

They passed some agendas, including the appointment of directors and auditors for the year 2024-25.

The shareholders expressed their confidence, trust and reliance on the board of directors of the company.

The company's directors, company secretary, auditor and independent scrutiniser along with a large number of shareholders joined the meeting.