Delta Life Insurance Company Limited announcements
287 Dhaka Stock Exchange announcements for Delta Life Insurance Company Limited (DELTALIFE) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2011 (19).
- Following the change of denomination, normal trading of the shares of the Company will resume on 04.12.2011 after record
Following the change of denomination, normal trading of the shares of the Company will resume on 04.12.2011 after record date with new face value of Tk. 10.00 per share, market lot of 50 shares and adjusted open price of Tk. 2940.30 per share.
- The Company has further informed that due to a temporary injunction of the hon'ble High Court on holding of Company's 19
The Company has further informed that due to a temporary injunction of the hon'ble High Court on holding of Company's 19th AGM due for the year 2004, the Company can not hold and therefore has postponed holding the said AGM on the scheduled date i.e. on November 17, 2011 at 10:00 AM at Golf Garden, Army Golf Club, Dhaka Cantonment. The Company has also informed that they had already made an appeal before the Appellate Division of the hon'ble Supreme Court against the order of injunction which was last heard on November 16, 2011 and next hearing date has been fixed on January 04, 2012. The 7th EGM of the Company scheduled to be held on the same date shall, however, be held as usual.
- In response to a query regarding content of a letter received by DSE from an investor along with a copy of the judgment
In response to a query regarding content of a letter received by DSE from an investor along with a copy of the judgment and order from the Hon'ble High Court Division of the Supreme Court of Bangladesh stating "the managing director of the Company Delta Insurance Limited the respondent No. 1 is restrained by an order of temporary injunction from holding the 19th annual general meeting as notified in the Financial Express on 25th October, 2011, for a period of three months from date.", the company has replied the following: "we have already filed an appeal against the Company matter no- 335/2011 aforementioned to the Hon'ble Supreme Court of Bangladesh, the hearing of which was held on November 1, 2011. Next hearing date on the said case has been fixed on November 13, 2011."
- Normal trading of the shares of the Company will resume on 24.10.11 after record date for AGM & EGM.
Normal trading of the shares of the Company will resume on 24.10.11 after record date for AGM & EGM.
- - Trading of the shares...
Trading of the shares of the Company will remain suspended on record date i.e., 23.10.11 for AGM & EGM
- Trading of the shares of the Company will remain suspended on record date i.e., 23.10.11 for AGM & EGM.
Trading of the shares of the Company will remain suspended on record date i.e., 23.10.11 for AGM & EGM.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 10.10.11 to 20.10.11. Trading of the shares of the Company will remain suspended on record date i.e., 23.10.11 for AGM & EGM.
- (continuation of news of DELTALIFE): Therefore, in view of the judgment of Hon'ble High Court Division of the Supreme Co
(continuation of news of DELTALIFE): Therefore, in view of the judgment of Hon'ble High Court Division of the Supreme Court of Bangladesh, trading of shares of Delta Life Insurance Company Limited will resume on October 09, 2011. It is to be noted that as informed by the Company, date of AGM (due for the year 2004) is November 17, 2011 and record date is October 23, 2011. As the record date is 23.10.2011, trading of the shares of the Company will be held in the Spot Market from 10.10.2011 to 20.10.2011.
The first part of this announcement is missing from the archive. - The Company has received the certified copy of the judgment and order from the Hon'ble High Court Division of the Suprem
The Company has received the certified copy of the judgment and order from the Hon'ble High Court Division of the Supreme Court of Bangladesh and the relevant extract is:"However it is obligatory on the part of the board of directors of the respondent No. 1 company that it shall in compliance with relevant laws and SEC's Notifications fix a record dates for the AGMs in its due course of business and the record date which was earlier fixed by the board of directors in the year 2004 will be changed and a new record date will be fixed in accordance with the Companies Act as well as Notifications of the Securities and Exchange Commission." (cont.)
- The Company has informed that the Board of Directors of the Company has decided to change the denomination of shares of
The Company has informed that the Board of Directors of the Company has decided to change the denomination of shares of the Company from Tk. 100.00 to Tk. 10.00 each and determine the market lot of shares from 5 to 50 shares per lot. Necessary amendments will also be made in the Memorandum and Articles of Association of the Company in this respect subject to approval of the shareholders in EGM and by Regulatory Authorities. Date of EGM: 17.11.11. Record date for EGM: 23.10.11. Time & Venue of the EGM will be notified later.
- The Company has informed that following the receipt of the certified copy of the judgment and order on September 19, 201
The Company has informed that following the receipt of the certified copy of the judgment and order on September 19, 2011 of the Hon'ble High Court in Company Matter Nos. 61 & 62/2011 condoning the delay in holding AGMs of the Company for calendar years 2004 to 2010, the Board of Directors of the Company has decided to hold the AGM due for the year 2004 based on the audited financial statements earlier approved by Board in the following manner. Date of AGM: 17.11.11, Record date: 23.10.11. Time and venue of the AGM will be notified later. Application for appointment of two auditors for next AGMs will be invited through newspapers.
- Trading of shares of Delta Life Insurance Company Ltd. has been suspended by DSE Management for irregular acts of the Co
Trading of shares of Delta Life Insurance Company Ltd. has been suspended by DSE Management for irregular acts of the Company in connection with revoking the previously fixed record date and the date of AGM for the year 2004.
- (Continuation of news of DELTALIFE): The same was brought to the notice of Company's Legal Advisors who expressed opinio
(Continuation of news of DELTALIFE): The same was brought to the notice of Company's Legal Advisors who expressed opinion that the AGM due for the year 2004 should be held after receipt of the Certified Copy of the judgement of the Hon'ble High Court Division. The Board of Directors in its Emergency meeting held on 19.06.11 has considered the legal opinion as above and unanimously took a resolution revoking the Record date and the date of AGM for the year 2004 previously fixed and that the Company would fix Record date and the date of AGM for the year 2004 afresh after obtaining the Certified copy of the judgement and order of the Hon'ble High Court Division.
The first part of this announcement is missing from the archive. - The Company has further informed that following the receipt of Lawyer's Certificate on the judgement pronounced on May 2
The Company has further informed that following the receipt of Lawyer's Certificate on the judgement pronounced on May 26, 2011 by the Hon'ble High Court Division of the Supreme Court condoning the delay in holding the Company's AGMs due for the years 2004-2009, the Board of Directors of the Company in an Emergency meeting held on May 29, 2011 fixed the record date and date of AGM for the year 2004 being June 20, 2011 and August 11, 2011 respectively. Thereafter some questions were raised by different quarters including Dhaka and Chittagong Stock Exchanges in this matter. (cont.)
- Trading of the shares of the company will remain suspended on record date i.e., 20.06.11.
Trading of the shares of the company will remain suspended on record date i.e., 20.06.11.
- Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 07.06.11 to 19.06.11. Trading of the shares of the company will remain suspended on record date i.e., 20.06.11.
- There will be no price limit on the trading of the shares of the Company today (30.05.11) following its corporate declar
There will be no price limit on the trading of the shares of the Company today (30.05.11) following its corporate declaration.
- (Continuation of news of DELTALIFE): In the same meeting it was also decided to hold the AGM due for the year 2004 based
(Continuation of news of DELTALIFE): In the same meeting it was also decided to hold the AGM due for the year 2004 based on the audited financial statements earlier approved by the Board, in the following manner: Date of AGM: 11.08.2011, Record date: 20.06.11, Dividend recommended: Cash dividend 30% and Stock dividend 20%. Time & Venue of the AGM will be fixed and intimated shortly to the shareholders through notice. Applications for appointment of two auditors for next AGMs will be invited through newspapers.
The first part of this announcement is missing from the archive. - The Company has informed that the Board of Directors of the Company in an emergency meeting held on 29.05.11 has noted a
The Company has informed that the Board of Directors of the Company in an emergency meeting held on 29.05.11 has noted a brief of the judgement (received from the lawyers) given by the hon'ble High Court Division of the Supreme Court of Bangladesh vide cases no. 61 & 62/2010 condoning the delay in holding the AGMs due to be held in the years 2005-2010. The Board of Directors resolved that the pending AGMs will be held as per the directives and within the time limit given in the aforesaid court order. (continue)
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.