B Mirror Report :  The Dhaka Stock Exchange (DSE) PLC has revoked its approval for the transfer of 10 million shares held by two directors of Golden Harvest Agro Industries Limited, a listed company in the food and allied sector. The information was confirmed by the DSE on its website today, Tuesday (6 January), through two separate announcements.

According to sources, although a total of 10 million shares belonging to the company’s sponsor director and a general director were scheduled to be transferred to IPDC Finance PLC, the process will no longer proceed following the latest decision. Sponsor Director Ahmed Rajib Samdani had proposed to transfer 9 million shares owned by him to IPDC Finance PLC. At the same time, another director of the company, Nadia Khalil Chowdhury, applied to transfer 1 million shares held by her to the same institution. The Dhaka Stock Exchange authorities have now declared the earlier approval for the transfer of these 10 million shares null and void.

Earlier, on 10 December 2025, the DSE had published an initial notice approving the transfer of shares by the two directors. At that time, permission had been granted to transfer this large volume of shares outside the DSE’s trading system. However, in a corrective notice issued today, the DSE clearly stated that the previous approval decision is now considered cancelled.

Generally, share transfers outside the trading system of the capital market are carried out due to commercial agreements, collateral against loans, or other financial obligations. However, the DSE has not provided any specific explanation regarding the special reasons for revoking the approval in the case of Golden Harvest. As a result, the shares currently held by the concerned directors will, for the time being, remain unchanged in their original status.