B Mirror Report:  State-owned Power Grid Company of Bangladesh Limited has issued 1.324 billion preference shares with a face value of Tk 10 each in favor of the government.

The shares were issued on April 22 in favor of the Secretary of the Power Division under the Ministry of Power, Energy and Mineral Resources, according to sources at the Dhaka Stock Exchange (DSE).

The issuance was made against share money deposit, as reflected in the company’s financial statements for the 2023–24 fiscal year. Following a decision at the Annual General Meeting (AGM), the company’s authorized capital has also been increased from Tk 150 billion to Tk 170 billion.

According to the latest financial report, Power Grid posted earnings per share (EPS) of Tk 5.22 for the first half (July–December) of the 2025–26 fiscal year, up from Tk 1.55 in the same period of the previous year.

Listed on the stock market in 2006, the company has a total of 913.86 million shares. Of these, 58.50 percent are held by sponsor-directors, 22 percent by the government, 14.65 percent by institutional investors, 0.01 percent by foreign investors, and 4.84 percent by general investors.