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 2022 (27).
- Query Response
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- (Q3 Un-audited): As per life revenue account of the company for July to September, 2022, excess of total income over tot
(Q3 Un-audited): As per life revenue account of the company for July to September, 2022, excess of total income over total expenses (Surplus) was BDT 6,117.73 million as against excess of total income over total expenses (Surplus) BDT 5,965.09 million in the corresponding previous period 2021. Whereas life revenue account of the company for January to September 2022, excess of total income over total expenses (Cont.)
- Q3 Financials
(Continuation news of PRAGATILIF): (Surplus) was BDT 6,117.73 million as against excess of total income over total expenses (Surplus) BDT 5,965.09 million in the corresponding previous period 2021. Accordingly, Balance of Life Insurance Fund as on September 30, 2022 was BDT 6,117.73 million as against BDT 5,965.09 million as on September 30, 2021 resulting a net increase of BDT 152.64 million. (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 27, 2022 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Sale Confirmation of a Sponsor
Mr. Mabroor Hossain, one of the Sponsors of the Company, has further informed that he has completed his sale of 3,72,000 shares (1,74,400 shares from DSE and 1,97,600 shares from CSE) of the company at prevailing market price as per declaration disseminated on 26.09.2022.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended December 31, 2021 to the respective shareholders' BO Accounts.
- Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA+\" in the long term and \"ST-1\" in the short te
Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA+\" 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, FY 2019 to FY 2021 and relevant qualitative information till September 27, 2022.
- (Correction): Mr. Mabroor Hossain, one of the Sponsors of the Company, has expressed his intention to sell 3,72,000 shar
(Correction): Mr. Mabroor Hossain, one of the Sponsors of the Company, has expressed his intention to sell 3,72,000 shares; (1,74,400 shares from DSE and 1,97,600 shares from CSE) out of his holding of 9,97,802 whereas Mr. A.S.M. Mohiuddin Monem, Sponsor Director, Mr. Tabith M. Awal, Sponsor Director, Mr. Md. Shafiur Rahman, Sponsor Director and Mr. Salim Rahman, Sponsor of the (cont.)
- Sale & Buy Declarations (Correction)
(Correction): (Continuation news of PRAGATILIF): company have expressed their intentions to buy 50,000, 74,400, 50,000 shares (from DSE) and 1,97,600 shares (from CSE) respectively at prevailing market price (in the Block Market) within October 31, 2022. (end)
- Resumption after record date
Trading of the shares of the company will resume on 27.09.2022 after record date.
- Mr. Mabroor Hossain, one of the Sponsors of the Company, has expressed his intention to sell 3,72,000 shares out of his
Mr. Mabroor Hossain, one of the Sponsors of the Company, has expressed his intention to sell 3,72,000 shares out of his holding of 9,97,802 whereas Mr. A.S.M. Mohiuddin Monem, Sponsor Director, Mr. Tabith M. Awal, Sponsor Director, Mr. Md. Shafiur Rahman, Sponsor Director and Mr. Salim Rahman, Sponsor of the (cont.)
- Sale & Buy Declaretions
(Continuation news of PRAGATILIF): company have expressed their intentions to buy 50,000, 74,400, 50,000 and 1,97,600 shares respectively at prevailing market price (in the Block Market) through DSE and CSE within next 30 working days. (end)
The first part of this announcement is missing from the archive. - Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 26.09.2022.
- Spot News for entitlement of Stock Dividend
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 with cum benefit from 22.09.2022 to 25.09.2022 and trading of the shares will remain suspended on record date i.e., 26.09.2022.
- BSEC consent and Record date for entitlement of 6% Stock Dividend
The Company has further informed that BSEC has accorded consent for issuance of 6% Stock Dividend for the year ended December 31, 2021. The Company has also informed that the Board of Directors has fixed the Record date on 26.09.2022 for entitlement of the aforesaid Bonus Shares.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): Increase in life revenue account for Apr-June 2022 was Tk. 37.60 mn. with total life insurance fund of Tk. 6,130.65 mn. as against increase in Tk. 25.82 mn. and Tk. 5,992.03 mn. respectively for the same period of the previous year. Increase in life revenue account for Jan-June 2022 was Tk. 39.87 mn. with total life insurance fund of Tk. 6,130.65 mn. as against increase in Tk. 47.22 mn. and Tk. 5,992.03 mn. respectively for the same period of the previous year.
- 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 16, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 12.07.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 07.07.2022.
- 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 with cum benefit from 05.07.2022 to 06.07.2022 and trading of the shares will remain suspended on record date i.e., 07.07.2022.
- The Board of Directors has recommended 11\% cash and 6\% stock dividend for the year ended December 31, 2021. Date of AG
The Board of Directors has recommended 11\% cash and 6\% stock dividend for the year ended December 31, 2021. Date of AGM: 31.07.2022, Time: 12:00 PM, Venue: Digital Platform. Record Date: 07.07.2022. The Company has informed that reasons for declaration of stock dividend: i) The reasons for declaration stock dividend or bonus shares and purposes or utilization of such retained amount as capital; (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (19.06.2022) following its corporate declaration.
- Dividend Declaration
(Continuation news of PRAGATILIF): ii) That the Company has declared such stock dividend or bonus shares out of the accumulated surplus and iii) That the Company has not declared such stock dividend or bonus shares form capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to anything so that the post-dividend retained earnings become negative or a debit balance. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): Increase in life revenue account for Jan-Mar 2022 was Tk. 2.27 million with total life insurance fund of Tk. 6,093.05 million as against increase in life revenue account of Tk. 21.41 million and Tk. 5,966.21 million respectively for the same period of the previous year.
- 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 16, 2022 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
- 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 16, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.