DSE:DGIC

Desh General Insurance Company Limited announcements

124 Dhaka Stock Exchange announcements for Desh General Insurance Company Limited (DGIC) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (20).

  1. Prohibition on providing loan facilities to purchase securities

    DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Desh General Insurance Company Limited in between 1st to 30th trading day after change of categorization, with effect from October 31, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

  2. Category Change

    The Company will be placed in 'A' category from existing 'N' category with effect from October 31, 2021 as the Company has reported disbursement of 10% cash dividend for the year ended on December 31, 2020.

  3. Dividend Disbursement

    The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.

  4. Q3 Financials

    (Q3 Un-audited): EPS was Tk. 0.27 for July-September, 2021 as against Tk. 0.27 for July-September, 2020; EPS was Tk. 0.99 for January-September, 2021 as against Tk. 0.83 for January-September, 2020. NOCFPS was Tk. 0.37 for January-September, 2021 as against Tk. 0.46 for January-September, 2020. NAV per share was Tk. 12.14 as of September 30, 2021 and Tk. 11.93 as of December 31, 2020.

  5. Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA-\" in the long term and \"ST-3\" in the short te

    Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA-\" in the long term and \"ST-3\" in the short term along with a stable outlook based on audited financial statements of the Company as on December 31, 2020 and relevant qualitative information till October 20, 2021.

  6. Board Meeting schedule under LR 16(1)

    As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 24, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.

  7. Resumption after record date

    Trading of the shares of the Company will resume on 14.09.2021 after record date.

  8. Suspension for Record date

    Trading of the shares of the Company will remain suspended on record date i.e., 13.09.2021.

  9. Spot News

    Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 09.09.2021 to 12.09.2021. Trading of the shares of the Company will remain suspended on record date i.e., 13.09.2021.

  10. Dividend Declaration

    The Board of Directors has recommended 10% cash dividend for the year ended on December 31, 2020. Date of AGM: 28.09.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 13.09.2021. The Company has also reported EPS of Tk. 1.51, NAV per share of Tk. 11.93 and NOCFPS of Tk. 2.08 for the year ended on December 31, 2020 as against Tk. 1.36, Tk. 11.62 and Tk. 1.52 respectively for the same period of the previous year.

  11. Price Limit Open

    There will be no price limit on the trading of the shares of the Company today (24.08.2021) following its corporate declaration.

  12. Q1 Financials

    (Q1 Un-audited): EPS was Tk. 0.44 for January-March 2021 as against Tk. 0.29 for January-March 2020. NOCFPS was Tk. 0.15 for January-March 2021 as against Tk. 0.43 for January-March 2020. NAV per share was Tk. 11.60 as on March 31, 2021 and Tk. 11.93 as on December 31, 2020.

  13. Q2 Financials (Additional Information)

    (Q2 Un-audited Additional Information): The Company has further informed that EPS was Tk. 0.28 for April-June 2021 as against Tk. 0.29 for April-June 2020.

  14. Q2 Financials

    (Q2 Un-audited): EPS was Tk. 0.72 for January-June 2021 as against Tk. 0.58 for January-June 2020. NOCFPS was Tk. 0.22 for January-June 2021 as against Tk. 0.68 for January-June 2020. NAV per share was Tk. 11.87 as on June 30, 2021 and 11.93 as on December 31, 2020.

  15. Updating information

    The Company has requested the Shareholders bearing BO Accounts are requested to update their e-TIN certificate, Bank Account Number through their respective Depository Participant (DP) before the record date failing of which Income Tax will be deducted at source @ 15% instead of 10% from cash dividend as per Section 54 of Income Tax Ordinance 1984.

  16. Board Meeting schedule under LR 16(1)

    As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on August 23, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021 & Second Quarter (Q2) period ended on June 30, 2021.

  17. Query Response (Repeat)

    (Repeat): In response to a DSE query dated April 13, 2021, 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.

  18. Prohibition on providing loan facilities to purchase securities

    DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase securities of Desh General Insurance Company Limited in between 1st to 30th trading day starting from today i.e. March 29, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

  19. Price Limit for New Security

    The Price limit of the Company will remain open 50% on issue price today (29.03.2021) and the following day (31.03.2021), Price limit will remain open 50% on closing price of debut trading. As per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the face value of each share shall be considered as the floor price.

  20. Q3 Financials

    (Continuation news of DGIC): (considering Pre-IPO paid up shares) would be Tk. 12.45 as on 30 September 2020 and the same would be Tk. 11.47 (considering Post-IPO paid up shares). Pre-IPO weighted average paid-up number of shares for 3 (three) months (July-September 2020) and 9 (nine) months (January-September 2020) period ended on 30 September 2020 was 24,000,000 which was same for the same period of the previous year and Post-IPO paid-up number of shares would be 40,000,000. (end)

    The first part of this announcement is missing from the archive.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.