Golden Son will move to the Z category from Monday after reporting a wider per-share loss and declaring no dividend for the second consecutive year, adding pressure on shareholders as its share price also declined on Sunday.
The company’s consolidated loss per share widened to Tk3 in the financial year ended 30 June 2026, from Tk1.83 a year earlier. Its board recommended no dividend for the year, triggering the category change under a Bangladesh Securities and Exchange Commission directive issued on 20 May 2024.
The move from the existing B category to the Z category will take effect on 9 November. From the same date, stockbrokers and merchant bankers have been asked to stop providing loans to investors seeking to buy Golden Son shares under the existing margin rules.
Golden Son shares fell 6.06 per cent to close at Tk9.30 on the Dhaka Stock Exchange on Sunday.
The company’s consolidated net asset value per share declined to Tk13.07 at the end of FY26, from Tk16.06 a year earlier. Net operating cash flow per share, however, rose to Tk0.37 from Tk0.28.
Golden Son has scheduled its annual general meeting for 26 December at 11:30am at its factory premises, with participation available both physically and online. The record date is 29 November.
The company’s board will meet on 14 November at 4pm to consider, among other matters, the unaudited financial statements for the first quarter ended 30 September 2026.
