15% Cash (for General Shareholders) and 5% Stock Dividend, as total of 20% dividend among others were approved by the members of Paramount Textile in its 14th AGM by using digital platform for the year ended 30th June, 2020. A larger number of members were present in the meeting. Ms. Anita Haque, Chairman of the Company presided over the meeting.

Mr. Shakhawat Hossain, Managing Director and other Directors were also present. The shareholders lauded the Board for assisting staff and workers by ensuring food items at fair prices, housing facilities and clinical facilities during this pandemic. Members also praised the management for diversifying the investment of the company in the Solar Power Plant to ensure financial stability in the coming days. The shareholders also praised the management for achieving highest EPS growth since its inception and one of the highest declaring dividends among other textile companies during this year. Moreover, they expressed gratitude to the Sponsors and Directors for taking humanitarian actions and sacrificing their Cash Dividend of the year 30th June, 2020.