5 percent cash dividend approved
The 19th Annual General Meeting (AGM) of GPH Ispat Limited was held on 31 December 2025 at 11:00 a.m. through a digital platform. The meeting was presided over by the Chairman of the company, Md. Alamgir Kabir. Group Chairman and Managing Director Mohammed Jahangir Alam, Additional Managing Director Mohammed Almas Shimul, Directors Mohammad Ashrafuzzaman, Md. Abdul Ahad and Md. Azizul Hoque, Independent Director Safiul Alam Khan Chowdhury, Directors Sadman Syka Sefa, Salehin Musfique Sadaf, Ali Mohammad Sadi Sazzed and Saiham Sadik Pial, Group Chief Executive Officer Mukter Hossain Talukder, FCA, Executive Director (Finance and Business Development) Kamrul Islam FCA, Group Chief Financial Officer H. M. Ashraf-Uz-Zaman, FCA, and senior officials of the company were present at the meeting. A large number of shareholders, bankers and other stakeholders also joined the AGM virtually. The meeting was conducted by Company Secretary Md. Mosharraf Hossain.
During the meeting, the audited financial statements of the company for the year ended 30th June 2025, along with the auditors’ report and the report of the Board of Directors, were unanimously approved. The shareholders also approved a 5 percent cash dividend for general shareholders, excluding sponsors and directors, for the financial year ended 30 June 2025. Other agenda items placed before the meeting were discussed and approved accordingly.
In his welcome address, Chairman Md. Alamgir Kabir said “Despite a challenging operating environment marked by economic volatility, rising bank interest rates and inflation during the 2024–2025 fiscal year, GPH Ispat remained focused on improving production efficiency, controlling costs and maintaining the highest standards of product quality. We will continue to prioritize innovation, research and development, quality assurance and customer satisfaction, which would contribute to sustainable growth and long-term value creation for shareholders.”
Group Chairman and Managing Director Mohammed Jahangir Alam, while outlining the company’s overall performance during the fiscal year 2024–2025, noted “The closure of government projects and the slowdown of construction and infrastructure activities in the private and semi-government sectors had significantly reduced domestic demand for construction materials, particularly MS rods, posing challenges for manufacturers across the industry. Despite these constraints, GPH Ispat continued its efforts to enhance national construction standards and create long-term value for all stakeholders.”
He highlighted that the company’s high-quality rods and advanced 600-grade rebar are cost-effective, durable and earthquake-resistant, setting new benchmarks in the sector and contributing to broader economic benefits. He also mentioned that the customized cut-and-bend service offered under the GPH One brand enables faster, safer and more precise project execution.
He further stated that through its partnership with Leviat, a Fortune 500 subsidiary of CRH, GPH Ispat is supplying world-class mechanical couplers, precast accessories, post-tensioning accessories and integrated glass façade accessories for modern construction projects. In addition, the company is working on seismic base isolation systems to enhance the safety, strength and earthquake resilience of critical infrastructure. He expressed sincere gratitude to the shareholders, the Bangladesh Securities and Exchange Commission, Dhaka Stock Exchange, Chittagong Stock Exchange and CDBL, as well as customers, business partners, banks and financial institutions, insurance companies, suppliers, government authorities and the print and electronic media for their continued support and confidence in GPH Ispat.
Addressing the shareholders, Additional Managing Director Mohammed Almas Shimul assured that investments in the company remain secure and that safeguarding shareholder interests continues to be a top priority. He said the Board of Directors and management are working relentlessly to improve factory efficiency and expand sales and marketing initiatives to ensure sustained growth. Independent Director Safiul Alam Khan Chowdhury also spoke at the meeting, sharing his views with the shareholders.