The Company has informed that Mr. Miya Mamun has been appointed as the Chairman of the company with immediate effect.

The Company has informed that the Board of Directors has appointed Mr. Md. Ashraful Alam as the Managing Director of the Company with effect from August 22, 2026.

In response to a DSE query to the company regarding "clarification regarding the proposed resumption of production and future business prospects" dated July 26, 2026, the company has submitted clarification vide its letter dated July 29, 2026. To view the details, please visit the following link: https://www.dsebd.org/Annexure/EMERALDOIL%20Clarification%20to%20DSE-%2029.07.2026.pdf

(Cont. News of EMERALDOIL): The company has also informed that as per decision of the Management, it has already procured new Boiler Machine, new Transformer, Electric Power Substation and the installation of these machines are under process. Moreover, the company also repairing the refinery unit as well as total plant and machineries of the factory. The total amount of procurement and maintenance may worth BDT 10.00 Crore (approx.). (end)

This is for the information of all concerned that DSE sent a query letter regarding unusual hike in price and volume of shares to Emerald Oil Industries Ltd. on May 24, 2026. However, the company has not provided any response yet.

In response to the DSE query dated 03.12.2025, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.