DESCO gets BSEC’s nod for preference share issue.

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DESCO gets BSEC’s nod for preference share issue.

The company has informed that Bangladesh Securities and Exchange Commission (BSEC) has accorded its consent for issuance of 60, 76, 93,513 (Sixty crore seventy-six lac ninety-three thousand five hundred thirteen) number of Irredeemable Non-Cumulative Preference Shares of Tk. 10 each at par totaling Tk. 6,076,935,130.00 (Six hundred and seven crores sixty-nine lac thirty-five thousand one hundred and thirty) in favor of Government of Bangladesh (co  represented by Secretary, Power Division, Ministry of Power, Energy and Mineral Resources against GOB equity.

Sources:-DSEPLC

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