RegAlertIndividual decision · BSEC · 10 Jan 2025
Notification regarding exemption to Berger Paints Bangladesh Limited from the provision of clause (u) of rule 8 and rule 14 of the Securities and Exchange Commission (Right Issue) Rules, 2006
The Securities and Exchange Commission grants an exemption to Berger Paints Bangladesh Limited from the requirements of clause (u) of Rule 8 and Rule 14 of the Securities and Exchange Commission (Right Issue) Rules, 2006. This exemption applies to the company's right issue, which involves 463.78 million and 491.06 million shares respectively, issued in exchange for assets. The notification is dated January 10, 2025, and is issued under the authority of the Securities and Exchange Commission Act, 1969.
Gazette No. D.A.-1
Bangladesh Gazette
Extraordinary Issue
Published by Authority
Friday, January 10, 2025
[Notifications and Notices Issued by Private Persons and Corporations in Exchange for Assets]
Notification regarding exemption from the provisions of the Securities and Exchange Commission (Right Issue) Rules, 2006.
Order
Securities and Exchange Commission
Order No. SEC/SECL/2009-193/85/Chujj/153-Dated: 18th November 2024
In exercise of the powers conferred by clause (u) of Rule 8 and Rule 14 of the Securities and Exchange Commission (Right Issue) Rules, 2006, read with Section 463 of the Securities and Exchange Commission Act, 1969 (Act No. XXVII of 1969), the Securities and Exchange Commission hereby grants an exemption to Berger Paints Bangladesh Limited from the provisions of clause (u) of Rule 8 and Rule 14 of the Securities and Exchange Commission (Right Issue) Rules, 2006, in respect of its right issue involving 463.78 (four hundred sixty-three point seven eight) million and 491.06 (four hundred ninety-one point zero six) million shares respectively, issued in exchange for assets.
[Seal]
Mohammad Abu Yusuf,
Deputy Director (Deputy Secretary),
Government of Bangladesh Printing Press, Tejgaon, Dhaka.
Printed by Mohammad Nazrul Islam,
Deputy Director (Deputy Secretary),
Bangladesh Forms and Publications Office, Tejgaon, Dhaka.
Order No. SEC/SECL/2009-193/85/Chujj/153-Dated: 18th November 2024
In exercise of the powers conferred by clause (u) of Rule 8 and Rule 14 of the Securities and Exchange Commission (Right Issue) Rules, 2006, read with Section 463 of the Securities and Exchange Commission Act, 1969 (Act No. XXVII of 1969), the Securities and Exchange Commission hereby grants an exemption to Berger Paints Bangladesh Limited from the provisions of clause (u) of Rule 8 and Rule 14 of the Securities and Exchange Commission (Right Issue) Rules, 2006, in respect of its right issue involving 463.78 (four hundred sixty-three point seven eight) million and 491.06 (four hundred ninety-one point zero six) million shares respectively, issued in exchange for assets.
This notification is issued under the Securities and Exchange Commission (Right Issue) Rules, 2006.
( 135 )
Price: 4.00 Taka
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage
The documents this one cites, and the documents that cite it.
The links and the sentences they come from (2)
- Issued under
- Act No. XXVII of 1969Not in RegAlert
“read with Section 463 of the Securities and Exchange Commission Act, 1969 (Act No. XXVII of 1969)”
- Securities and Exchange Commission (Right Issue) Rules, 2006Not in RegAlert
“In exercise of the powers conferred by clause (u) of Rule 8 and Rule 14 of the Securities and Exchange Commission (Right Issue) Rules, 2006”
More like this from BSEC
BSEC published 2 documents in the last 30 days. We email you each new one the day it's published.
Source: Bangladesh Securities and Exchange Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated