Padma Islami Life Insurance Limited announcements
261 Dhaka Stock Exchange announcements for Padma Islami Life Insurance Limited (PADMALIFE) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (18).
- (Q3 Un-audited): As per life revenue account of the company for July to September, 2023, excess of total expenses includ
(Q3 Un-audited): As per life revenue account of the company for July to September, 2023, excess of total expenses including claims over total income (deficit) was BDT 28.12 million as against excess of total expenses including claims over total income (deficit) of BDT 62.10 million in the corresponding previous period of 2022. Whereas as per life revenue account of the company for January to September, 2023, (cont.)
- Q3 Financials
(Continuation news of PADMALIFE): excess of total expenses including claims over total income (deficit) was BDT 122.76 million as against excess of total expenses including claims over total income (deficit) of BDT 61.79 million in the corresponding previous period of 2022. Accordingly, Balance of Life Insurance Fund was BDT (2,490.15) million as on September 30, 2023 as against BDT 62.84 million as on September 30, 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 October 31, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- The auditor of the company has given the \"Qualified Opinion\" and \"Emphasis of Matter\" paragraphs in the Auditor\'s R
The auditor of the company has given the \"Qualified Opinion\" and \"Emphasis of Matter\" paragraphs in the Auditor\'s Report for the year ended December 31, 2022. To view the details, please visit: https://www.dsebd.org/assets/pdf/AuditorReport\%20of\%20Report\%20of\%20Padma\%20Islami\%20Life\%20Insurance\%20Limited\%20for\%20the\%20year\%20ended\%20on\%2031\%20December\%202022..pdf
- (Q2 Un-audited): As per life revenue account of the company for April to June, 2023, excess of total expenses including
(Q2 Un-audited): As per life revenue account of the company for April to June, 2023, excess of total expenses including claims over total income (deficit) was BDT 35.61 million as against excess of total expenses including claims over total income (deficit) of BDT 7.76 million in the corresponding previous period of 2022. Whereas as per life revenue account of the company for January to June, 2023, excess of total expenses including claims over total income (deficit) (cont.)
- Q2 Financials
(Continuation news of PADMALIFE): was BDT 94.64 million as against excess of total expenses including claims over total income (deficit) of BDT 0.68 million in the corresponding previous period of 2022. Accordingly, Balance of Life Insurance Fund was BDT (2,462.03) million as on June 30, 2023 as against BDT 123.95 million as on June 30, 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 August 23, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Resumption after Record Date
Trading of the shares of the company will resume on 21.08.2023.
- Suspension for Record Date
Trading of the shares of the company will be suspended on record date i.e., 20.08.2023.
- 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 from 16.08.2023 to 17.08.2023 and trading of the shares will remain suspended on record date i.e., 20.08.2023.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended December 31, 2022. Date of AGM: 24.09.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 20.08.2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (18.07.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Q1 Financials
(Q1 Un-audited): As per life revenue account of the company for January to March 2023, Balance of Life Insurance Fund as on March 31, 2023 was BDT (2,397,932,844) as against BDT 131,707,345 as on March 31, 2022. Net premium was BDT 31,714,579 during January-March 2023 as against BDT 78,570,055 during January-March 2022.
- 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 July 17, 2023 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that 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 17, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Postponement of Board Meeting schedule under LR 16(1)
The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on June 25, 2023 at 3:00 PM as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023, has been postponed. New date and time of the meeting will be notified later.
- 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 June 25, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Appointment of Observer in Board of Directors of the Company by IDRA
The company has informed that Insurance Development and Regulatory Authority (IDRA) has appointed Mr. Md. Jahangir Alam, Director, IDRA as Observer to the Board of Directors of the Company to protect the interest of policy holders and to ensure good governance of the Company. IDRA stated that policyholders are constantly filing complaints with IDRA due to non-payment of insurance claims on time by Padma Islami Life Insurance Limited.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.