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 2025 (16).
- Q3 Financials
(Q3 Un-audited): As per life revenue account of the company: Total income was BDT 72,751,469 for July to September, 2025 as against BDT 24,902,695 for July to September, 2024. Total income was BDT 144,956,746 for January to September, 2025 as against BDT 162,896,547 for January to September, 2024. Total expenses were BDT 62,625,915 for July to September, 2025 as against BDT 123,577,272 for July to September, 2024. (cont.) (Cont. news of PADMALIFE): Total expenses were BDT 280,555,681 for January to September, 2025 as against BDT 377,403,637 for January to September, 2024. Balance of Life Insurance Fund was BDT (3,060.01) million as on September 30, 2025 as against BDT (2,783.03) million as on September 30, 2024. (end)
- 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, 2025 at 2:30 PM to consider, among others, Un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2025.
- Qualified Opinion
The auditor of the company has given the "Qualified Opinion" in the Auditor's Report of the company for the year ended December 31, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/PADMALIFE_2024.pdf
- Q2 Financials
(Q2 Un-audited): As per life revenue account of the company for April to June, 2025, excess of total expenses including claims over total income (deficit) was BDT 60.17 million as against excess of total expenses including claims over total income (deficit) of BDT 49.35 million in the corresponding previous period of 2024. Whereas as per life revenue account of the company for January to June, 2025, excess of total expenses including claims over total income (deficit) (cont.) (Continuation news of PADMALIFE): was BDT 145.77 million as against excess of total expenses including claims over total income (deficit) of BDT 115.78 million in the corresponding previous period of 2024. Accordingly, Balance of Life Insurance Fund was BDT (3,077.14) million as on June 30, 2025 as against BDT (2,725.76) million as on June 30, 2024. (end)
- 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 27, 2025 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2025.
- Resumption after Record Date
Trading of the shares of the company will resume on 24.08.2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 21.08.2025.
- Appointment of CEO (Acting)
The company has informed that the Board of Directors of the company in its Meeting held on 20 July 2025 decided to appoint Mr. Md. Morshed Alam Siddiqui, Additional Managing Director as CEO (Acting) for the time being in the vacant post of CEO of Padma Islami Life Insurance Ltd. w.e.f. 4th August 2025.
- 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 18.08.2025 to 20.08.2025 and trading of the shares will remain suspended on record date i.e., 21.08.2025.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended December 31, 2024. Date of AGM: 25.09.2025, Time: 9:00 AM, Venue: Physical presence at Padma Life Tower, 115, Kazi Nazrul Islam Avenue, Banglamotor, Dhaka -1000. Record Date: 21.08.2025.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (21.07.2025) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): As per life revenue account of the company for January to March, 2025, excess of total expenses including claims over total income (deficit) was BDT 92.59 million as against excess of total expenses including claims over total income (deficit) of BDT 75.72 million in the corresponding previous period of 2024. Balance of Life Insurance Fund was BDT (3,011.82) million as on March 31, 2025 as against BDT (2,619.84) million as on March 31, 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 20, 2025 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2025.
- 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 20, 2025 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
- Approval of IDRA regarding land sales for settlement of claims
The company has informed that the Board of Directors of the company in its Meeting held on 20 January 2025 decided to sell the property (land) described in the below in order to settle the due claims. The Insurance Development and Regulatory Authority in its letter dated 12 March 2025 approved this decision of the Board of Directors of Padma Islami Life Insurance Ltd. (cont.) (Cont. news of PADMALIFE): Location: District- Cumilla, Police Station- Sadar, Mouza- Batabaria. Schedule: C.S. Khatian no-4, S.A. Khatian no-9, B.R.S Khatian no-59, C.S & S.A Plot no-50/4, B.R.S plot no- 440, total are of land 20 decimals. Selling Price: 190,00,000/- (end)
- Query Response
In response to the DSE query dated March 10, 2025, 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.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.