Holders of Beximco Green Sukuk can apply from November 6 to convert part of their investments into ordinary shares of Beximco Limited under the fifth-year conversion facility, with the standard option covering 5 per cent, 10 per cent, 15 per cent or 20 per cent of their holdings.
The trustee has set 22 as the record date for the conversion facility, according to a Dhaka Stock Exchange disclosure
Investors who did not exercise their conversion rights in any of the previous four years – 2022, 2023, 2024 and 2025 – will be allowed to convert up to 100 per cent of their unconverted sukuk during the current window.
The conversion price will be set at a 25 per cent discount to the weighted average market price of Beximco Limited shares on the Dhaka Stock Exchange over the 20 trading days preceding the record date.
Applications will be accepted until December 12, 2026. Sukuk holders must download the prescribed form from the issuer’s website, www.bexgreensukuk.com, complete it and submit it directly to the issuer through the designated channels, including post or email.
Applications should be sent to the issuer at BDBL Bhaban.
Meanwhile, Beximco Green Sukuk Al Istisna’a traded lower on Thursday, falling 0.63 per cent to Tk79.50 from its previous closing price of Tk80, with 46 trades recorded during the session.
