Walton Hi-Tech Industries PLC, one of the Bangladesh’s leading publicly listed manufacturers of electronics, electrical and technology products, successfully held its 20th Annual General Meeting (AGM). At the meeting, shareholders approved a 180 percent cash dividend and 10 percent stock dividend for the financial year 2025–26.
At the AGM, shareholders expressed satisfaction with the attractive dividend payout despite persistent challenges in both the global and domestic economic landscape. They also appreciated Walton’s forward-looking initiatives in lithium-ion battery manufacturing, renewable energy, expansion of solar power capacity and investment in new technology-driven industries.
The AGM was held on Thursday (October 15) through a digital platform, with the participation of a large number of institutional and general shareholders. Walton Hi-Tech’s Chairman S M Shamsul Alam presided over the meeting.
Among others, Walton Hi-Tech’s Vice-Chairman S M Ashraful Alam, Managing Director S M Mahbubul Alam, Directors S M Nurul Alam Rezvi, S M Rezaul Alam, S M Monjurul Alam Ovee, Tahmina Afrose, Raisa Sigma Hima, Sabiha Jarin Arona, Nishat Tasnim Shuchi and Shadman Sakib Dipro, Independent Directors Professor M. Sadiqul Islam, PhD, FCMA, Akhter Matin Choudhury, FCA, FCS, and Johora Bebe; Additional Managing Director (AMD) and Chief Financial Officer Md. Ziaul Alam, FCA, ACA (ICAEW), AMD and Head of Internal Audit and Compliance Abu Nafis, the company’s statutory auditor, corporate governance compliance auditor, representatives of regulatory authorities, senior officials of the company and a large number of shareholders also attended the meeting virtually.
The meeting was moderated by Walton Hi-Tech’s Deputy Managing Director and Company Secretary Md. Rafiqul Islam, FCS.
In his welcome address, Walton Hi-Tech’s Chairman S M Shamsul Alam said, “Backed by a strong foundation of corporate governance, we have been able to achieve sound financial results despite various challenges in the global and domestic economies. As part of our continued commitment to protecting shareholders’ interests, the Board of Directors recommended a 180 percent cash dividend and 10 percent stock dividend. We will continue working to deliver stronger financial performance and create greater value for our investors in the years ahead.”
He also thanked the company’s shareholders, stakeholders and all concerned for joining the AGM virtually and contributing to its successful completion.
Walton Hi-Tech’s Managing Director S M Mahbubul Alam presented the company’s Annual Report for the financial year 2025–26 and highlighted improvements in key financial indicators, business performance and the company’s future growth plans.
He said, “The 2025–26 financial year was a period of significant change and challenges for both the global and Bangladesh economies. Despite these headwinds, Walton succeeded in maintaining business resilience and growth. Effective cost management, long-term business strategies, innovation and our ability to adapt quickly to changing market dynamics played a vital role in this achievement.”
