ADN Telecom holds 22nd AGM, approves 10% cash dividend
ADN Telecom Limited held its 22nd annual general meeting (AGM) at Lakeshore Hotel in Dhaka.
The AGM was conducted in a hybrid format, enabling shareholders to participate both physically and virtually through a dedicated online platform.
The meeting was presided over by Asif Mahmood, Chairman of the board of directors. Directors Md Moinul Islam and Md Mahfuz Ali Sohail, Independent Directors Md Maruf and Deedarul Huq Khan, Managing Director Henry Hilton, and Chief Financial Officer Mohammad Nazim Uddin, FCA, were present at the meeting.
The proceedings were conducted by Md Monir Hossain, FCS, Company Secretary of ADN Telecom, while the Managing Director delivered the welcome address.
The AGM reviewed the company's operational activities and audited financial statements for the financial year 2024–25. During the discussion session, the Chairman, Managing Director and Chief Financial Officer responded to shareholders' queries and shared insights into the company's performance and strategic direction.
Chairman Asif Mahmood highlighted the company's strong profit growth during the year, which enabled the declaration of a 10 percent cash dividend. He expressed optimism about ADN Telecom's future growth and reaffirmed the company's commitment to maximising shareholder value.
Shareholders participated actively in the meeting, both online and in person, and offered feedback and suggestions for further development. All agenda items, including approval of the audited financial statements for 2024–25 and the declaration of the cash dividend, were unanimously approved.
In his closing remarks, Company Secretary Md Monir Hossain thanked shareholders, stakeholders, regulatory authorities and guests for their continued support and participation.