Clarification by the Commission Regarding Misleading News on BSSE Chairman's Statement

Bangladesh Securities and Exchange Commission
Spokesperson www.sec.gov.bd

Reference No.- BSEC/Spokesperson/02/2024/247
Date: 28 Asharh 1433 Bangabda
12 July 2026 AD

Press Release

Subject: Clarification by the Commission in the context of misleading news publication regarding the BSEC Chairman's statement.

Recently, on July 09, 2026, at a discussion meeting held at the office of the Capital Market Journalists Forum (CMJF), the Chairman of the Bangladesh Securities and Exchange Commission (BSEC), Mr. Masud Khan, exchanged views with journalists on various contemporary issues of the capital market.

It is regrettable that a statement given by the BSEC Chairman at the meeting was presented out of context and incorrectly, leading several national newspapers, online portals, and electronic media to publish news stating that the BSEC has decided to delist closed companies. Such news is entirely misleading, baseless, and does not accurately reflect the Chairman's statement.

At the said meeting, the Chairman primarily stated that in most capital markets worldwide, companies that have been closed or inactive for a long time are not kept in an indefinite listed status. Bangladesh is an exception in this regard, where some companies that have been inactive for a long time remain listed. As a result, especially general and small investors are facing risks.

The Chairman further mentioned that as the frontline regulator, the responsibility for taking necessary measures regarding such companies lies with the relevant stock exchange. The Dhaka Stock Exchange (DSE) is reviewing the matter and has taken the initiative to formulate a rational and transparent process. As part of the discussion, it was suggested that inactive companies could be given a specific time frame—such as one year—to resume operations; otherwise, subsequent measures could be considered in accordance with existing laws, rules, listing regulations, and prescribed procedures.

However, considering the interests and welfare of investors, the Commission believes that investors should be more cautious when investing in shares of companies that have been closed or inactive for a long time, pose a going concern threat, do not hold regular AGMs, or do not pay dividends.

On behalf of the Bangladesh Securities and Exchange Commission (BSEC)

(Signature)
Md. Abul Kalam
Executive Director and Spokesperson
12/07/2026