Pragati Insurance PLC. announcements
311 Dhaka Stock Exchange announcements for Pragati Insurance PLC. (PRAGATIINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (20).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 1.62 for July-September 2021 as against Tk. 0.93 for July-September 2020; EPS was Tk. 4.73 for January-September 2021 as against Tk. 2.98 for January-September 2020. NOCFPS was Tk. 6.02 for January-September 2021 as against Tk. 5.53 for January-September 2020. NAV per share was Tk. 57.61 as on September 30, 2020 and Tk. 53.51 as on December 31, 2020.
- PRAGATINS: 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 27, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.
- National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as "AAA" in the long t
National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as "AAA" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the Company as on December 31, 2020.
- Sale Declarations of Independent Director
Mr. Md. Akbar Hossain, one of the Independent Directors of the Company, has expressed his intentions to sell 30,000 shares out of his total holding of 42,248 shares of the Company at prevailing market price (In the Public market) through Stock Exchange (DSE) within next 30 working days.
- (Q2 Un-audited): EPS was Tk. 1.85 for April-June 2021 as against Tk. 1.03 for April-June 2020; EPS was Tk. 3.11 for Janu
(Q2 Un-audited): EPS was Tk. 1.85 for April-June 2021 as against Tk. 1.03 for April-June 2020; EPS was Tk. 3.11 for January-June 2021 as against Tk. 2.05 for January-June 2020. NOCFPS was Tk. 5.36 for January-June 2021 as against Tk. 4.56 for January-June 2020. NAV per share was Tk. 58.47 as on June 30, 2021 and Tk. 53.51 as on December 31, 2020. (cont.)
- Q2 Financials
(Continuation news of PRAGATIINS): Reason for Significant deviation in NAV Per Share, EPS and NOCFPS: NAV Per Share was increased due to increase of investment, dividend and interest Receivable and Cash equivalent etc. EPS was increased due to increase of operating income and other income. NOCFPS was increased due to increase of premium collection, less claim settlement and others income etc. (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 July 15, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- Trading of the shares of the Company will resume on 04.07.2021 after record date.
Trading of the shares of the Company will resume on 04.07.2021 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 30.06.2021.
Trading of the shares of the Company will remain suspended on record date i.e., 30.06.2021.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 28.06.2021 to 29.06.2021. Trading of the shares of the Company will remain suspended on record date i.e., 30.06.2021.
- The auditor of the Pragati Insurance Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the y
The auditor of the Pragati Insurance Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Basis for Qualified Opinion: 1. Gratuity provision: As disclosed in Note # 2.06 (k) (ii) the company has a funded Gratuity Scheme for all eligible employees who have completed minimum 5 years of confirmed service with the company. As per Note # 26.00 the company reported an amount of Tk. 10,030,031 as Provision for Gratuity (cont.1)
- (Continuation news of PRAGATIINS): as at 31/12/2020 whereas the balance as at 31/12/2019 was Tk. 2,530,031. The amount o
(Continuation news of PRAGATIINS): as at 31/12/2020 whereas the balance as at 31/12/2019 was Tk. 2,530,031. The amount of Tk. 10,030,031 has been calculated for the employees who have left the company during the year after completing minimum five years' service. No provision has been made for the employees who have completed 5 years' service and continuing with the company. As a result, the provision for gratuity and expenses has been understated (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of PRAGATIINS): and EPS has been overstated. 2. Compliance with IDRA Regulation: The company has not
(Continuation news of PRAGATIINS): and EPS has been overstated. 2. Compliance with IDRA Regulation: The company has not made proper investment in designated instruments in the manner as prescribed in SRO No. 353-1aw/2019 dated 11 November 2019 issued by IDRA. As well as the company has not submitted the report on category of investment in assets in the prescribed manner as prescribed in Schedule # 1 of the said SRO. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (01.06.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- Dividend Declaration
The Board of Directors has recommended 30% Cash dividend for the year ended on December 31, 2020. Date of AGM: 26.08.2021, Time: 11:30 AM, Venue: Digital Platform. Record Date: 30.06.2021. The Company has also reported EPS of Tk. 4.07, NAV per share of Tk. 53.51 and NOCFPS of Tk. 8.53 for the year ended on December 31, 2020 as against Tk. 3.19, Tk. 50.63 and Tk. 5.57, respectively for the same period of the previous year.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 1.26 for January-March 2021 as against Tk. 1.01 for January-March 2020. NOCFPS was Tk. 2.31 for January-March 2021 as against Tk. 2.16 for January-March 2020. NAV per share was Tk. 54.16 as on March 31, 2021 and Tk. 53.51 as on December 31, 2020.
- 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 31, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
- As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 May 31, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
- In response to a DSE query dated April 22, 2021, the Company has informed that there is no undisclosed price sensitive i
In response to a DSE query dated April 22, 2021, 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.