Nitol Insurance PLC. announcements
291 Dhaka Stock Exchange announcements for Nitol Insurance PLC. (NITOLINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (20).
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the Company as "AA+" in the long term along with Stable outlook in consideration of its audited financials up to December 31, 2023 also unaudited financial up to September 30, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.26 for July-September 2024 as against Tk. 0.32 for July-September 2023; EPS was Tk. 0.95 for January-September 2024 as against Tk. 1.22 for January-September 2023. NOCFPS was Tk. 0.43 for January-September 2024 as against Tk. 0.28 for January-September 2023. NAV per share was Tk. 30.32 as on September 30, 2024 and Tk. 30.16 as on September 30, 2023.
- 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, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Regarding non-submission of Dividend Distribution Compliance Report
The Company did not submit Dividend Distribution Compliance Report as per Regulation 29 of the Dhaka Stock Exchange (Listing) Regulations, 2015 in connection with disbursement of the declared dividend for the year ended December 31, 2023. However, Dhaka Stock Exchange PLC. (DSE) has issued a query letter to the company in this regard.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.27 for April-June 2024 as against Tk. 0.41 for April-June 2023; EPS was Tk. 0.69 for January-June 2024 as against Tk. 0.90 for January-June 2023. NOCFPS was Tk. 0.13 for January-June 2024 as against Tk. 0.79 for January-June 2023. NAV per share was Tk. 31.10 as on June 30, 2024 and Tk. 30.94 as on June 30, 2023.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on July 30, 2024 at 05:00 PM instead of July 23, 2024 to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- 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 23, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Appointment of Company Secretary
The Company has informed that Mr. Md. Mijanur Rahman, FCS has been appointed as the Company Secretary of the Company.
- Resumption after Record date
Trading of the shares of the company will resume on 20.05.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 19.05.2024.
- 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 15.05.2024 to 16.05.2024 and trading of the shares will remain suspended on record date i.e., 19.05.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.42 for January-March 2024 as against Tk. 0.49 for January-March 2023. NOCFPS was Tk. 0.14 for January-March 2024 as against Tk. 0.16 for January-March 2023. NAV per share was Tk. 30.84 as on March 31, 2024 and Tk. 30.53 as on March 31, 2023.
- Dividend Declaration
The Board of Directors has recommended 10.50% Cash dividend for the year ended December 31, 2023. Date of AGM: 27.06.2024, Time: 11:00 AM, Venue: Digital Platform. Record Date: 19.05.2024. The Company has also reported EPS of Tk. 1.48, NAV per share of Tk. 30.42 and NOCFPS of Tk. 0.16 for the year ended December 31, 2023 as against Tk. 2.13, Tk. 30.04 and Tk. (0.12) respectively for the year ended December 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2024) following its corporate declaration.
- Appointment of Company Secretary
The Company has informed that the Board of Directors has appointed Mr. Mahbub Alam, Assistant Managing Director as Company Secretary (Current Charge) until further appointment of a new Company Secretary.
- 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 April 25, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- 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 April 25, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Completion of Share Transfer
The company has informed that 805,000 shares of Ukhtane Enterprise Ltd. have been transferred to Mr. Md Murad Hossain and Mr. Shah Alam, who have received 804,996 shares and 4 shares respectively, as per news disseminated by DSE on 04.03.2024.
- Transfer of shares outside the Trading System of the Exchange
Dhaka Stock Exchange PLC. (DSE) has accorded its consent to transfer total 805,000 shares of Ukhtane Enterprise Ltd. (Public Shareholder Director of Nitol Insurance Co. Ltd.) to Mr. Md Murad Hossain and Mr. Shah Alam (transferees), who will receive 804,996 shares and 4 shares respectively, within 30 working days from the date of issuance of approval letter by DSE, as per BSEC approval letter & under Regulation-47 of the Dhaka Stock Exchange (Listing) Regulations, 2015 as well as other applicable laws.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.