19 November 2024

BEXIMCO PHARMACEUTICALS LIMITED

AGM Notification

Beximco Pharmaceuticals Limited ("Beximco Pharma", "BPL" or "the Company"; AIM Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56), the fast-growing manufacturer of generic pharmaceutical products and active pharmaceutical ingredients, today announces that the forty-eighth Annual General Meeting of Shareholders (AGM) of Beximco Pharma will be held on Sunday, the 29th December, 2024 at 10.30 am Bangladesh time under the Virtual Platform through https://bxpharma.bdvirtualagm.com to transact the following business:

AGENDA

ORDINARY BUSINESS:

1.   To receive, consider and adopt the Audited Financial Statements of the Company for the year ended on 30th June, 2024 together with reports of the Auditors and the Directors thereon.

2.   To declare 40% cash dividend as recommended by the Board of Directors.

3.   To elect Directors.

4.   To approve the appointment of Managing Director.

5.   To approve the re-appointment of Independent Director.

6.   To appoint Statutory Auditors for the year 2024-25 and to fix their remuneration.

7.   To appoint Corporate Governance Compliance Auditors for the year 2024-25 and to fix their remuneration.

SPECIAL BUSINESS:

To pass Special Resolutions to change the name of the Company from "Beximco Pharmaceuticals Limited" to "Beximco Pharmaceuticals PLC" as per the provision of the Companies Act, 1994 (as amended in 2020) and to effect the change of the name in the relevant Clauses of the Memorandum and Articles of Association of the Company.

The draft of the Special Resolutions proposed to be passed is given below:

"Resolved that the name of the Company be changed from Beximco Pharmaceuticals Limited to Beximco Pharmaceuticals PLC and the new name of the Company be incorporated in the Memorandum and Articles of Association of the Company and an amended copy of the Memorandum and Articles of Association of the Company be and is hereby adopted and the same be filed with the Registrar of Joint Stock Companies, Dhaka, Bangladesh for record."

NOTES:

(1)  The Shareholders whose names appear in the Share Register of the Company or in the Depository Register on the record date i.e. 25 November, 2024 will be entitled to receive the dividend and to attend the Annual General Meeting.

(2)  A Member entitled to attend and vote at the General Meeting may appoint a Proxy to attend and vote in his/her stead. The Proxy Form, duly stamped, must be deposited at the Share Department of the Company at BEL Tower, Level-2, 19 Dhanmondi, Road No.1, Dhaka-1205, no later than 48 hours before the time fixed for the meeting.

(3)  Annual Report for the year 2023-24 will be sent through e-mail address of the valued Shareholders and will be available in the Website of the Company at: www.beximcopharma.com.

(4)  The valued Shareholders will join the Virtual AGM through the Link https://bxpharma.bdvirtualagm.com. The Shareholders will be able to submit their questions/comments and vote electronically 24 (Twenty-four) hours before commencement of the AGM and also during the AGM. For logging into the system, the Shareholders need to put their 16-digit Beneficial Owner (BO) ID/Folio Number and other credential as proof by visiting the said Link.

(5)  We encourage the Shareholders to login into the system prior to the meeting. Please allow ample time to login and establish your connectivity. For any IT related guidance, Shareholders may contact vide email : monir@beximco.net or mazibur@beximco.net.