Lovello declares 20% dividends

Taufika Foods and Lovello Ice-Cream PLC, a listed food and allied sector company, has announced 20 percent dividends, including a 10 percent cash dividend, for the financial year 2023-2024.

The announcement came at the company's 13th annual general meeting (AGM), which was held virtually recently, the company said in a press release.

Shamima Nargis Haque, chairman of the company, presided over the meeting.

At the meeting, Md Ekramul Haque, managing director of the company, presented the meeting's report and informed the shareholders about the company's important issues and future plans.

Haque expressed hope that the company's success and progress will continue in the coming days.

Among others, Muhsinina Taufika Ekram and Muhsinina Sharika Ekram, directors of the company, Ruhul Ameen, independent director, Md Moheuddin Sarder, company secretary, Mustaque Ahmed, chief finance officer, and Md Mahfuzur Rahman, head of internal audit and compliance, joined the AGM.