Baraka Patenga Power holds 14th AGM

Business Report :

The 14th Annual General Meeting of Baraka Patenga Power Limited (the second power plant of Baraka Group) was held using Hybrid System in a combination of Physical presence at Hotel Royal Mark, Sylhet and online presence on Thursday.
In his welcome speech, Chairman, Faisal Ahmed Chowdhury, mentioned that the Company had been listed in the capital market since 2021. The company invested 51per cent of the total shares of each of Baraka Shikalbaha Power Limited and Karnaphuli Power Limited. The Company also invested 52.67per cent of the total shares in a newly established securities house, Baraka Securities Limited. He added that Baraka Patenga Power Limited is searching for new profitable ventures for future investment.
Managing Director of the Company, Gulam Rabbani Chowdhury, has also expressed his sincere gratitude to the board of directors and shareholders for their genuine cooperation. He indicated that during 2023-24, Baraka Patenga Power Ltd. consolidated EPS was Tk. 0.35, and the consolidated Net Assets Value per share stood at Tk. 26.52 as of 30 June 2024.