Appollo Ispat Complex updated to Category ‘A’

Appollo Ispat Complex Limited has been upgraded to Category ‘A’ from Category ‘N’.

The transaction of shares of the company, the manufacturer of Rani Brand C.I. sheet, has started as Category A script from Thursday.

The company offered 15 percent bonus dividend for its shareholders for the year ended on June 2014. The company has upgraded to Category A for offering 15 percent dividend.

The dividend has been added as BO (Beneficiary Owners) from January 1 last.

The company’s earning increased by 36.83 percent and its net earning during the first quarter of the year totaled to Tk. 135 crore 26 lakh and 5 thousand.

The company’s earning during the same period last year was Tk. 98 crore 85 lakh 7 thousand and 769.