The Bangladesh Securities and Exchange Commission (BSEC) has ordered listed company Kattali Textile Limited to pay the listing fee to the Dhaka Stock Exchange PLC (DSE) within the next month.
The decision was taken at the 950th commission meeting chaired by BSEC Chairman Khandaker Rashed Maksud on Tuesday (April 8). This information was given in a press release signed by BSEC Director and Spokesperson Md. Abul Kalam on Wednesday (April 9).
It said that if the fee is not paid within the said period, each director of the company (except independent and nominated directors) will be fined Tk 2 lakh.
In addition, the BSEC has decided to refer the matter of embezzlement of at least Tk 25 crore 04 lakh IPO funds by the company to the ACC.
