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 2024 (18).
- (Q3 Un-audited): As per life revenue account of the company for July to September, 2024, excess of total expenses includ
(Q3 Un-audited): As per life revenue account of the company for July to September, 2024, excess of total expenses including claims over total income (deficit) was BDT 91.68 million as against excess of total expenses including claims over total income (deficit) of BDT 20.36 million in the corresponding previous period of 2023. Whereas as per life revenue account of the company for January to September, 2024, (cont.)
- Q3 Financials
(Continuation news of PADMALIFE): excess of total expenses including claims over total income (deficit) was BDT 194.32 million as against excess of total expenses including claims over total income (deficit) of BDT 99.48 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT (2,782.98) million as on September 30, 2024 as against BDT (2,490.15) million as on September 30, 2023. (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 21, 2024 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Qualified Opinion
The auditor of the company has given the "Qualified Opinion" paragraph in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/September/PADMALIFE_2023.pdf
- (Q2 Un-audited): As per life revenue account of the company for the period ended June 30, 2024: Balance of Life Insuranc
(Q2 Un-audited): As per life revenue account of the company for the period ended June 30, 2024: Balance of Life Insurance Fund was BDT (2,717,202,896) as on June 30, 2024 as against BDT (2,462,033,899) as on June 30, 2023. Total income was BDT 80,739,395 during April-June 2024 as against BDT 92,254,985 during April-June 2023. (cont.)
- Q2 Financials
(Continuation news of PADMALIFE): Total income was BDT 137,993,852 during January-June 2024 as against BDT 131,755,423 during January-June 2023. Total expenses were BDT 130,089,546 during April-June 2024 as against BDT 127,867,975 during April-June 2023. Total expenses were BDT 247,795,267 during January-June 2024 as against BDT 226,399,490 during January-June 2023. (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 September 02, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Resumption after Record Date
Trading of the shares of the company will resume on 25.08.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 22.08.2024.
- 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 from 19.08.2024 to 21.08.2024 and trading of the shares will remain suspended on record date i.e., 22.08.2024.
- Q1 Financials
(Q1 Un-audited): As per life revenue account of the company for January to March 2024, Balance of Life Insurance Fund was BDT (2,613,124,973) as on March 31, 2024 as against BDT (2,390,082,057) as on March 31, 2023. Net premium was BDT 28,705,742 during January-March 2024 as against BDT 31,714,579 during January-March 2023. Total expenses were BDT 105,914,810 during January-March 2024 as against BDT 89,778,548 during January-March 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 August 13, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended December 31, 2023. Date of AGM: 29.09.2024, Time: 11:30 AM, Venue: Hybrid: Digital platform and Physical presence: Company?s Head Office, Padma Life Tower 115, Kazi Nazrul Islam Avenue, Banglamotor, Dhaka -1000. Record Date: 22.08.2024.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.07.2024) following its corporate declaration.
- Category Change
The Company will be placed in 'Z' category from existing 'B' category with effect from July 31, 2024 as the company has failed to declare any dividend for a period of 2 (two) consecutive years according to provision 1(a) of BSEC Order No. BSEC/CMRRCD/2009-193/77, dated May 20, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Padma Islami Life Insurance Limited with effect from July 31, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Reschedule of Board Meeting under LR 19(1)
Refer to their earlier news disseminated on 14.07.2024, the Company has further informed that the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on July 29, 2024 at 2:00 PM instead of earlier declared date on July 23, 2024, to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- 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 23, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.