Green Delta Insurance PLC. announcements
427 Dhaka Stock Exchange announcements for Green Delta Insurance PLC. (GREENDELT) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (25).
- The Company has further informed that it has completed its buying of 35,76,069 shares of Sunlife Insurance Company Limit
The Company has further informed that it has completed its buying of 35,76,069 shares of Sunlife Insurance Company Limited as per share purchase agreement through Dhaka Stock Exchange Limited as per declaration disseminated by DSE on 26.11.2023.
- Buy Declaration of shares of Sunlife Insurance Company Limited
Referring to the BSEC letter No. SEC/SRIC/53/2014-357 dated November 16, 2023, Green Delta Insurance Company Limited, has expressed its intention to buy 35,76,069 shares of Sunlife Insurance Company Limited as per share purchase agreement through Dhaka Stock Exchange Limited within November 30, 2023 as per Rule-4 of the BSEC (Ullekhzogyo Sonkhyok Share Orjon, Odhigrohon o Kortritto Grohon), Bidhimala, 2018.
- (Q3 Un-audited): Consolidated EPS was Tk. 1.27 for July-September 2023 as against Tk. 0.99 for July-September 2022; Cons
(Q3 Un-audited): Consolidated EPS was Tk. 1.27 for July-September 2023 as against Tk. 0.99 for July-September 2022; Consolidated EPS was Tk. 4.14 for January-September, 2023 as against Tk. 4.83 for January-September, 2022. Consolidated NOCFPS was Tk. 6.68 for January-September, 2023 as against Tk. 3.79 for January-September, 2022. Consolidated NAV per share was Tk. 70.68 as on September 30, 2023 and Tk. 68.96 as on December 31, 2022. (cont.)
- Q3 Financials
(Continuation news of GREENDELT): Reasons for significant deviation in EPS and NOCFPS: EPS has been decreased due to higher claims accrued in 2023 compared to 2022. NOCFPS has been increased due to higher premium income in 2023 compared to 2022. (end)
The first part of this announcement is missing from the archive. - Decision to acquire shares of Sunlife Insurance Company Ltd.
The company has informed that Green Delta Insurance Company Limited and its subsidiaries have decided to enter into an agreement to acquire substantial number of shares of Sunlife Insurance Company Ltd. from the directors and the shareholders of the said company in the block market through stock exchanges, subject to necessary regulatory approvals.
- 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 29, 2023 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Election of Chairman and Vice Chairperson
The Company has informed that the Board of Directors has elected Mr. Abul Hasan Chowdhury as Chairman and Ms. Dilruba Chowdhury as Vice Chairperson of the company.
- (Q2 Un-audited): Consolidated EPS was Tk. 2.14 for April-June 2023 as against Tk. 2.06 for April-June 2022; Consolidated
(Q2 Un-audited): Consolidated EPS was Tk. 2.14 for April-June 2023 as against Tk. 2.06 for April-June 2022; Consolidated EPS was Tk. 2.88 for January-June 2023 as against Tk. 3.84 for January-June 2022. Consolidated NOCFPS was Tk. 2.40 for January-June 2023 as against Tk. 6.63 for January-June 2022. Consolidated NAV per share was Tk. 69.90 as on June 30, 2023 and Tk. 68.96 as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of GREENDELT): Reasons for deviation in EPS and NOCFPS: EPS decreased due to higher claims accrued in Q2 2023 compared to Q2 2022 and NOCFPS decreased due to higher claims paid out in Q2 2023 compared to Q2 2022. (end)
The first part of this announcement is missing from the archive. - Cancellation of Land Purchase
Refer to the earlier news disseminated by DSE on 01.03.2023 regarding Board Decision to purchase of land, the Company has further informed that the decision to purchase a commercial land of 12.89 Decimals (approx.) at Gulshan by the Company has been cancelled from the seller side due to unavoidable circumstances.
- 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 July 31, 2023 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the Surveillance rating of the Company as \"AAA\" in the
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the Surveillance rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term along with Stable outlook based on audited financial statements as of December 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.74 for January-March 2023 as against Tk. 1.78 for January-March 2022; Consol
(Q1 Un-audited): Consolidated EPS was Tk. 0.74 for January-March 2023 as against Tk. 1.78 for January-March 2022; Consolidated NOCFPS was Tk. 0.02 for January-March 2023 as against Tk. 0.67 for January-March 2022. Consolidated NAV per share was Tk. 69.94 as on March 31, 2023 and Tk. 68.96 as on December 31, 2022. (cont.)
- Q1 Financials
(Continuation news of GREENDELT): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to higher claims accrued in Q1, 2023 compared to Q1, 2022. NOCFPS has been decreased due to higher claims paid out in Q1, 2023 compared to Q1, 2022. (end)
The first part of this announcement is missing from the archive. - 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 May 7, 2023 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- The auditor of the Green Delta Insurance Ltd. has given the \"Emphasis of Matter\" paragraph in the Auditor\'s Report fo
The auditor of the Green Delta Insurance Ltd. has given the \"Emphasis of Matter\" paragraph in the Auditor\'s Report for the year ended 31 December 2022. \"Emphasis of Matter: We draw attention to Note 2.16 (v) of the Financial Statements, which describes the reason for not establishing Workers\' Profit Participation Fund by the Company according to Bangladesh Labor Act 2006 (as amended in 2013). Our opinion is not modified in respect of these matter.\"
- Resumption after record date
Trading of the shares of the company will resume on 23.03.2023.
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 22.03.2023.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 20.03.2023 to 21.03.2023 and trading of the shares will remain suspended on record date i.e., 22.03.2023.
- The Board of Directors has recommended 25\% Cash Dividend for the year ended December 31, 2022. Date of AGM: 16.04.2023,
The Board of Directors has recommended 25\% Cash Dividend for the year ended December 31, 2022. Date of AGM: 16.04.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 22.03.2023. The Company has also reported Consolidated EPS of Tk. 7.30, Consolidated NAV per share of Tk. 68.96 and Consolidated NOCFPS of Tk. 5.94 for the year ended December 31, 2022 as against Tk. 8.43, Tk. 69.32 and Tk. (1.70) respectively for the same period of the previous year. (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (01.03.2023) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Board Decision to purchase of land
The company has informed that the Board of Directors has decided to purchase a commercial land measuring 12.89 Decimals (approx.) at a cost of BDT 75,00,00,000.00 only excluding the registration and incidental costs located at Plot 36, Road 46, Gulshan 2, Dhaka, subject to the approval of relevant regulatory authorities (as applicable).
- Dividend Declaration
(Continuation news of GREENDELT): Reasons for deviation in EPS and NOCFPS:Consolidated EPS has been decreased due to decrease of subsidiaries profit and increased claim expenses. Consolidated NOCFPS has been increased due to increase in gross premium and re-insurance commission. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 19(1)
As per Regulation 19(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 February 28, 2023 at 2:45 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.