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 2024 (24).
- Election of Chairman
The company has informed that the Board of Directors has unanimously elected Mr. Khalilur Rahman as the Chairman of Pragati Life Insurance PLC with effect from October 29, 2024.
- (Q3 Un-audited): As per life revenue account of the company for July to September, 2024, excess of total income over tot
(Q3 Un-audited): As per life revenue account of the company for July to September, 2024, excess of total income over total expenses including claims (surplus) was BDT 15.38 million as against excess of total income over total expenses including claims (surplus) of BDT 4.88 million in the corresponding previous period of 2023. Whereas as per life revenue account of the company for January to September, 2024, excess of total income over (cont.)
- Q3 Financials
(Continuation news of PRAGATILIF): total expenses including claims (surplus) was BDT 35.07 million as against excess of total income over total expenses including claims (surplus) of BDT 15.27 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT 6,368.60 million as on September 30, 2024 as against BDT 6,231.73 million as on September 30, 2023 resulting a net increase of BDT 136.87 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 29, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Query Response
In response to the DSE query, 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.
- (Q2 Un-audited): As per life revenue account of the company for April to June, 2024, excess of total income over total c
(Q2 Un-audited): As per life revenue account of the company for April to June, 2024, excess of total income over total claims and expenses (surplus) was BDT 69.49 million as against excess of total income over total claims and expenses (surplus) of BDT 9.62 million in the corresponding previous period of 2023. Whereas as per life revenue account of the company for January to June, 2024, excess of total income over total claims and expenses (surplus) (cont.)
- Q2 Financials
(Continuation news of PRAGATILIF): was BDT 19.69 million as against excess of total income over total claims and expenses (surplus) of BDT 10.39 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT 6,353.22 million as on June 30, 2024 as against BDT 6,226.85 million as on June 30, 2023 resulting a net increase of BDT 126.37 million. (end)
The first part of this announcement is missing from the archive. - Resumption after Record Date
Trading of the shares of the company will resume on 29.07.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 28.07.2024.
- Spot News
Due to unavoidable circumstances the record date of the company has been shifted to 28.07.2024. Hence, 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 24.07.2024 to 25.07.2024 and trading of the shares will remain suspended on record date i.e., 28.07.2024.
- 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 of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on July 30, 2024 at 3:30 PM instead of July 23, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 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 23, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 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 with cum benefit from 21.07.2024 to 22.07.2024 and trading of the shares will remain suspended on record date i.e., 23.07.2024.
- (Q1 Un-audited): As per life revenue account of the company for January to March, 2024, excess of total expenses includi
(Q1 Un-audited): As per life revenue account of the company for January to March, 2024, excess of total expenses including claims over total income (deficit) was BDT 49.79 million as against excess of total income over total expenses including claims (surplus) of BDT 0.77 million in the corresponding previous period of 2023. (cont.)
- Dividend Declaration
The Board of Directors has recommended 14% cash dividend for the year ended December 31, 2023. Date of AGM: 22.08.2024, Time: 12:30 PM, Venue: Digital Platform. Record Date: 23.07.2024.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.07.2024) following its corporate declaration.
- Q1 Financials
(Continuation news of PRAGATILIF): Balance of Life Insurance Fund was BDT 6,283.74 million as on March 31, 2024 as against BDT 6,217.23 million as on March 31, 2023 resulting a net increase of BDT 66.51 million. (end)
The first part of this announcement is missing from the archive. - Election of Chairman
The company has informed that the Board of Directors has elected Mr. Abdul Awal Mintoo as the Chairman of the Company with effect from June 25, 2024.
- 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 30, 2024 at 03:30 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 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 June 30, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Credit Rating Result
Alpha Credit Rating Limited has assigned Surveillance rating of the Company as "AA+" in the long term and "ST-1" in the short term along with Stable outlook based on audited financial statements as on December 31, 2022 and relevant qualitative information till May 07, 2024.
- The company has informed that the Board of Directors of the company in its meeting held on 11th February, 2024 has decid
The company has informed that the Board of Directors of the company in its meeting held on 11th February, 2024 has decided to take rent of 24,672 Square feet Shed and Premises situated at Pragati Insurance Ltd., 113 C.R Dutta Road, Panthapath, Dhaka for company store and customer service center on the following terms and conditions: 1. Period of Rent: 10 (ten) years with effect from 1st April, 2024 to 31st March, 2034 (renewable), (cont.)
- Decision to take rent of 24,672 Square feet Shed and Premises
(Continuation news of PRAGATILIF): 2. Monthly Rent: Total Tk. 3,58,000.00 (Tk. Three Lakh Fifty-Eight Thousand) will be paid as rent inclusive of VAT and Taxes, 3. Tk. 1,12,00,000.00 (Tk. One crore Twelve lac) will be paid as advance which will be adjusted from monthly rent. (end)
The first part of this announcement is missing from the archive.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.