Bangladesh, Oct. 14 -- The securities regulator has decided to punish nine listed companies for failing to complete the distribution of cash dividends for FY25.

Of the companies, five are listed on the main board of the Dhaka Stock Exchange (DSE). They are Aftab Automobiles, Navana CNG, Fortune Shoes, Intraco Refuelling Station and Advent Pharma.

As per DSE data, Aftab Automobiles paid only 14.11 per cent of its declared amount, while Navana CNG distributed 18.19 per cent and Advent Pharma 50.22 per cent of the amounts of cash dividends approved for the year.

Fortune Shoes and Intraco Refuelling Station have not paid at all for the year, even after recommending cash dividends.

The remaining four companies, which are listed on the SME...