Its authorized and paid-up capitals are Tk.10.00 Crore and Tk.5.00 Crore respectively. Authorized capital is enhanced to TK.300.00 Crore by special resolution adopted on EGM held on 03/06/2007. Similarly paid-up capital enhanced by Tk. 5.00 Crore through issuance of 50 lacs oradinary shares of Tk. 10.00 each by issuing bonus shares at company’s 31st Annual General Meeting held on 29th June, 2007 and were alloted in a Board meeting held on 29th June, 2007. The allotment was made in favour of BPC. As a result, total paid-up capital stands at Tk. 10.00 crore as on 30 June, 2007. Further 350 lacs numbers of bonus shares of Tk. 10.00 each were approved for issuance in favour of BPC at company’s EGM held on 26th August, 2007. The allotment was made in favour of BPC. The total paid-up capital of JOCL with the above bonus issue stands Tk. 45.00 crore.
By issuing bonus shares in the subsequent financial years as approved in the AGM of the company, the paid up capital was raised to 110.42 crore. At present, the sharholdings of BPC and general investors are 60.08% and 39.92%.
|Type of the Share Holders||Number of Shares||% of Shares|
|Sponsors/Directors(Bangladesh Petroleum Corporation)||6,63,46,774||60.08|