Business Desk
Envoy Textiles Limited held its 30th Annual General Meeting (AGM) on Saturday at the Gulshan Shooting Club in Dhaka.
Shareholders of the company attended the meeting alongside members of the Board of Directors, senior management, and statutory auditors, in an atmosphere of constructive engagement and accountability.
The event was chaired by the founder and Chairman, Engr. Kutubuddin Ahmed, with the Managing Director, Tanvir Ahmed, also in attendance.
The AGM was conducted by M Saiful Islam Chowdhury, FCS, Company Secretary of Envoy Textiles Limited, and was also attended by representatives of the Nomination and Remuneration Committee (NRC) and the Audit Committee.
At the meeting, shareholders received, considered, and adopted the Audited Financial Statements of Envoy Textiles Limited for the year ended 30 June 2025, along with the Reports of the Board of Directors and the Auditors.
A 30% dividend for the year ended 30 June 2025, as recommended by the Board, was also approved, reaffirming the company’s commitment to delivering long-term value to shareholders while maintaining a strong financial foundation.
Updating shareholders on company performance, Managing Director Tanvir Ahmed said that Envoy Textiles Limited achieved more than double the profit of the previous year in the 2024–25 financial year, with net profit rising to approximately Tk 141 crore – the highest since the company’s inception.
