The shareholders of Robi Axiata Limited have approved a 10% cash dividend at the 28th Annual General Meeting (AGM) on Wednesday (April 24).
Shareholders participated in the AGM both in-person and online, reads a press release.
In 2023, Robi earnings per share (EPS) was Tk0.61. Present at the meeting were the Chairman of Robi Axiata Limited’s Board of Directors (BoD), Vivek Sood, the Managing Director and CEO, Rajeev Sethi, CFO, M Riyaaz Rasheed, other BoD members, and senior officials of the company. The AGM was chaired by the Company Secretary Shahed Alam.
Addressing the shareholders, Robi Axiata PLC Chairman Vivek Sood said, “Robi had performed exceptionally well in 2023. The tremendous work that has gone into improving the quality of services is clearly evident in its performance in the first quarter of this year. Customers are finding a natural home in Robi to support their digital transformation journey. All that stands in the way is the taxation regime. Unless the tax is rationalized, we would always struggle to live up to the expectation from our valued shareholders. Apart from that, we are doing everything possible to grow our business within the scope allowed by the regulatory regime of the country. I thank all our shareholders for keeping faith in our ability to deliver the desired level of return on their precious investment.”
