Pragati Life Insurance PLC announcements
298 Dhaka Stock Exchange announcements for Pragati Life Insurance PLC (PRAGATILIF) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (26).
- Q3 Financials
(Q3 Un-audited): Increase in life revenue account for July-September, 2017 was Tk. 119.18 million as against Tk. 79.76 million for July-September, 2016. Whereas increase in life revenue account for Jan- September, 2017 was Tk. 322.52 million with total life insurance fund of Tk. 5,083.65 million as against Tk. 269.57 million and Tk. 4,529.72 million respectively for Jan- September, 2016.
- Cash Dividend Disbursement
The Company has informed that it has disbursed cash dividend for the year ended on December 31, 2016 to the respective shareholders' bank account through BEFTN system.
- Category Change
The Company will be placed in 'A' category from existing 'Z' category with effect from October 25, 2017 as the Company has reported disbursement of 8% cash dividend and 17% stock dividend for the year ended on December 31, 2016.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Pragati Life Insurance Limited in between 1st to 30th trading day after change of categorization, with effect from October 25, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- 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, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2016 to the respective shareholders' BO Accounts on October 10, 2017.
- Time and Venue of the AGM
The Company has further informed that the 17th AGM of the Company will be held on September 28, 2017 at 11:00 AM at Trust Milonayaton, 545, Old Airport Road, Dhaka Cantonment, Dhaka. Other information will remain unchanged
- Sale confirmation of a Sponsor
Mr. M. Shefaque Ahmed, one of the Sponsors of the Company, has further reported that he has completed sale of his entire holding of 67,322 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Resumption after Record Date
Trading of the shares of the Company will resume on 30.07.2017 after record date.
- Q2 Financials
(Q2 Un-audited): Increase in life revenue account for Apr-June, 2017 was Tk. 94.75 mn. with total life insurance fund of Tk. 4,964.46 mn. as against increase of Tk. 96.84 mn. and Tk. 4,449.96 mn. respectively for the same period of the previous year. Increase in life revenue account for Jan-June, 2017 was Tk. 203.34 mn. with total life insurance fund of Tk. 4,964.46 mn. as against increase of Tk. 189.81 mn. and Tk. 4,449.96 mn. respectively for the same period of the previous year.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 27.07.2017.
- 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 25, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- Spot News
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 16.07.2017 to 26.07.2017. Trading of the shares of the Company will remain suspended on record date i.e., 27.07.2017.
- Sale declaration of a Sponsor
Mr. M. Shefaque Ahmed, one of the Sponsors of the Company, has expressed intention to sell his entire holding of 67,322 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Dividend Declaration
The Board of Directors has recommended 8% cash dividend and 17 % stock dividend for the year ended on December 31, 2016. Date of AGM: 28.09.2017, Time: 10:30 AM, Venue: To be notified later. Record Date: 27.07.2017.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.07.2017) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): Increase in life revenue account for Jan-Mar, 2017 was Tk. 108.58 million with total life insurance fund of Tk. 4,869.71 million as against increase in life revenue account of Tk. 92.98 million and Tk. 4,353.12 million respectively for the same period of the previous year.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that the meeting of the Board of Directors of the Company, as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on June 29, 2017 at 3:15 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting of the Board of Directors, as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on June 29, 2017 at 3:15 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Postponement of Board Meeting schedule under LR 19(1)
The Company has further informed that due to unavoidable circumstances, the Board meeting under LR 19(1) scheduled to be held on June 19, 2017 to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016, has been postponed.
- 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 19, 2017 to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on Marchr 31, 2017, has been postponed.
- 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, as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on June 19, 2017 at 2:30 PM instead of June 14, 2017 to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that due to unavoidable circumstances the meeting of the Board of Directors of the Company, as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on June 19, 2017 at 2:30 PM instead of June 14, 2017 to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
- 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 June 14, 2017 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
- 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 14, 2017 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Credit Rating Result
Alpha Credit Rating Limited (AlphaRating) has rated the Company as "A+" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company as on December 31, 2015 and relevant qualitative information till January 15, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.