BSRM Group Continues Winning Streak, Bags Top Taxpayer Honors

BSRM

Three members of a family associated with the renowned BSRM Group were honored with the Best Taxpayers Award in Chattogram. The accolades included Alihussain Akberali, Chairman of BSRM Group, who was recognized as the leading taxpayer in the port city. Aameir Alihussain, the Managing Director of BSRM and son of Alihussain Akberali, secured the second-highest taxpayer position, while Bilkis Alihussain, the wife of Alihussain Akberali and a shareholder in the group, earned the distinction of the highest female taxpayer.

The awards ceremony, held on December 12, celebrated 42 individuals as the top taxpayers of FY23 in Chattogram. Aameir Alihussain accepted the awards on behalf of his family, emphasizing their longstanding commitment to regular tax payments. During the event, he highlighted the cultural significance of tax payment within their family, spanning generations. “My grandfather initiated this practice, my father continued it, and I am following the same path,” he stated, underscoring the importance of tax contributions for national prosperity and urging everyone to fulfill their tax obligations.

The BSRM Group, a key player in Bangladesh’s steel sector, had previously received the Highest Taxpayers Award under the “Engineering” category for FY22. The conglomerate, encompassing various sister concerns, including Meghna Engineering Works, Karnafuli Engineering Works, BSRM Recycling Industries, BSRM Wires, BSRM Iron and Steel Company, and BSRM Steel, holds a prominent position in the industry. The group, listed on both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), boasts a capacity to melt 1.9 million tonnes of steel and produce 1.6 million tonnes of rods annually.

In addition to its tax-related achievements, BSRM Group received the National Export Trophy 2020-21 (Bronze) in the “Other Manufacturing Goods Producers” category and the Best Brand Awards 2021. The conglomerate was also honored with the Bangladesh Project Management Awards 2023 as the Champion in the “Large Business” category. Notably, BSRM’s commitment to environmental sustainability earned it the first-ever award for Best CSR in Environment.

For 70 years, BSRM has been a stalwart in providing Bangladesh with high-quality steel through research and innovation. The steel produced by BSRM has contributed to the construction of the country’s major infrastructure, including the Padma Bridge, various bridges and flyovers, Rooppur Nuclear Power Plant, Bangabandhu Tunnel, and more.

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