বাংলা | Epaper

বাংলা E-Paper 📍 Dhaka 📅 Sunday | 25 October 2026, 9 Kartik 1433 PID registration number 06

HEADLINE

● Biman suspends Dammam, Riyadh flights until 4 November ● 7 more die from dengue, daily hospital admissions hit yearly high ● St Martin to reopen for tourists on Nov 1, daily cap set at 3,500 ● 5 dead, 1,356 hospitalized with measles symptoms ● Hasina, 115 others charged in three July uprising cases ● 548 schoolgirls gifted bicycles on Zaima Rahman's birthday ● Remand granted for youth over sniper comment on PM's visit

Pubali Bank approves doubling of authorised capital

Published : Sunday, 25 October, 2026 at 6:08 PM

Observer Online Report

Pubali Bank PLC has approved a proposal to double its authorised capital to Tk 4,000 crore from Tk 2,000 crore, subject to approval from Bangladesh Bank.

The decision was taken at the bank's 7th Extraordinary General Meeting (EGM), held virtually on Sunday, October 25, 2026, with Chairman of the Board of Directors Monzurur Rahman presiding.

Under the approved proposal, the bank's authorised capital will increase through an expansion in the number of ordinary shares from 200 crore to 400 crore, each with a face value of Tk 10.

Shareholders also approved amendments to Clause V of the Memorandum of Association and Article 4(a)(i) of the Articles of Association in line with the proposed capital increase.

The meeting was attended virtually by directors Azizur Rahman, Md Abdur Razzak Mondal, Rana Laila Hafiz, Mustafa Ahmed, Arif Ahmed Choudhury, Dr Shahinuzzaman Yaqub, Kabir Ahmed, Sajid Azad and independent director Dr Hasina Sheykh.

The bank's Chief Financial Officer and General Manager Mohammad Liton Miah, FCA, and Company Secretary and General Manager Md Anisur Rahman also joined the meeting, along with shareholders.

The proposed increase in authorised capital and the related amendments will take effect subject to approval from Bangladesh Bank.

sks

Also read

Eye camp, rehabilitation programme benefit over 600 people

Summit LNG marks major operational milestone with 300th Ship-to-Ship transfer

Janata Bank's website hit by cyberattack

Gold prices fall

Offices, banks reopen after 5-day holiday

Property64 launches online property listing platform

Building skills, creating markets: How BRAC Bank helps women entrepreneurs grow and thrive

AI could reshape prices of fast food, everyday goods

Editor : Iqbal Sobhan Chowdhury

Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Advertisement: 41053012; 01793317829, 01550707291, E-mail: [email protected], ‍[email protected] Online: email: [email protected] 41053014; 01550707297 Advertisement: 01550707296

🔝