Bangladesh, Sept. 11 -- The securities regulator has imposed an aggregate fine of Tk 13.5 million on the chairman, directors and senior officials of Aftab Automobiles for failing to distribute the declared dividends within the stipulated time.

Advertisement The Bangladesh Securities and Exchange Commission (BSEC) has also ordered the company to distribute the outstanding dividend for the financial year ended June 2024 among investors within 30 days of the enforcement order issued on Thursday.Bangladesh Economic Report

The penalties were imposed on the company's chairman, three directors, managing director, chief financial officer (CFO) and company secretary for violating securities laws relating to dividend distribution and compliance ...