Recently, the renowned “DS30” index of the Dhaka Stock Exchange added Tawfiqa Foods & Lovelo Ice Cream PLC, a listed firm in the food and associated sector. Following its listing on the stock exchange in 2021, the company’s steady advancement, open corporate governance, and reliable market position served as the foundation for this acknowledgment.

This information was revealed by Dhaka Stock Exchange sources.

As per the source, the choice to incorporate the company was made due to its stability, effective governance, consistent dividend payments, and market capitalization. The ‘DS30′ index comprises 30 high-quality companies listed on the Dhaka Stock Exchange, which serves as a significant benchmark for investors.

The Managing Director of the company, Danto’ Engineer Md. Ekramul Haque, stated, “This accomplishment is a significant acknowledgment not just for the company but for the entire food processing industry. Our objective has always been to uphold quality standards and earn the trust of both consumers and investors. Being included in the ‘DS30’ index signifies our dedication. We aim to progress with transparency and innovation in the future as well.”

It is important to highlight that companies included in the ‘DS30’ index typically demonstrate a sustainable and robust market position over the long term. This milestone is anticipated to further enhance investor interest in the company.