Brahmaputra Cracker and Polymer Limited (BCPL) declared a dividend of 15 % on paid up equity share capital in the 15th Annual General Meeting (AGM) of the Company held on 23rd September 2022 at Guwahati.
The total dividend payable is ₹ 212.65 crore. M.V. Iyer Chairman BCPL presided over the meeting through video conferencing from GAIL (India) Limited, New Delhi and it was attended by Reep Hazarika, Managing Director, Pruthiviraj Dash, Director (Finance) and other members of the BCPL Board and shareholders of the company.
The company successfully and safely operated the plant on a sustained basis at 100.46 % capacity utilization producing 2.72 Lakh MT of Polymers and 55,923 MT liquid hydrocarbons. The products were marketed to downstream industries achieving Polymer sales of 2.75 Lakh MT.
As stated by the BCPL management, the authorized share capital of BCPL is ₹ 2000 crores and the paid-up capital is presently ₹1417.67 crores. With a gross sales turnover of ₹ 3715.06 crores, the Company earned a net profit of ₹ 690.53 crores. An amount of ₹ 19.10 crore for the FY 2021-22 was earmarked for CSR activities during the fiscal. The market share of the Company is steadily increasing with growing credibility amongst customers.