B Mirror Report: Stockbrokers and merchant bankers are prohibited from offering any loan or margin facilities for the purchase of shares of Techno Drugs Limited and Agricultural Marketing Company Limited (PRAN) as of February 5, 2026, in accordance with Rule 11(8) of the Bangladesh Securities and Exchange Commission (BSEC) Margin Rules, 2025.

The regulator has decided to downgrade the two listed companies Techno Drugs Limited and Agricultural Marketing Company Limited (PRAN) from the ‘A’ category to the ‘Z’ category for failing to distribute approved dividends within the stipulated timeframe. The decision will come into effect on 5 February 2026.

According to sources at the Dhaka Stock Exchange (DSE), the companies were moved to the ‘Z’ category under Provision 1(e) of Directive No. BSEC/CMRRCD/2009-193/77 issued by the Bangladesh Securities and Exchange Commission (BSEC) on 20 May 2024, due to their failure to distribute approved dividends on time.

Market participants believe that the downgrade to the ‘Z’ category and the withdrawal of margin facilities, resulting from the failure to distribute dividends within the prescribed period, may have a negative impact on trading activity and investor interest in the shares of the concerned companies.