The membership for the listed companies with BAPLC has been made compulsory as per directive of the Bangladesh Securities & Exchange Commission, vide Bangladesh Gazette dated 26th April 2010 as published at page No. 2522 as follows:
“(3) All listed companies are required to submit to the Exchange a certificate of membership of Bangladesh Association of Publicly Listed Companies (BAPLC), which has been made compulsory by the Ministry of Commerce as per Office Order No. MC/OBA-6/A-2/99/216 dated 15th August 2005 and published in the Bangladesh Gazette dated 18th August 2005. A renewed certificate shall be submitted to the Exchange every year along with the Annual Report.”
DHAKA STOCK EXCHANGE LISTING REGULATIONS, 2015:
Regulation NO.46. Membership Certificate with Bangladesh Association of Publicly Listed Companies (BAPLC)
The issuer of listed securities shall submit a copy of membership certificate of Bangladesh Association of Publicly Listed Companies (BAPLC) to the Exchange:
Provided that the issuer shall also submit such certificate with renewal thereof to the Exchange in every year along with the Annual Report.