Saiham Textile’s Category Degradation

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Saiham Textile’s Category Degradation

Saiham Textile Mills Limited is a capital market listed company whose category has declined. The dividend declared for the fiscal year that concluded on June 30, 2024, is the basis for this change in the company’s share category.

Sources at the Dhaka Stock Exchange (DSE) are aware of this information.

The company reportedly distributed a five percent cash dividend to investors in its most recent fiscal year, which concluded on June 30, 2024. Consequently, the company was moved from the ‘A’ category to the ‘B’ category.

The company will begin trading in the “B” category this Sunday, December 22.

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