Rupali Insurance Company Limited announcements
353 Dhaka Stock Exchange announcements for Rupali Insurance Company Limited (RUPALIINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (20).
- National Credit Ratings Limited (NCR) has assigned the initial entity rating of the Company as \"AAA\" in the long term
National Credit Ratings Limited (NCR) has assigned the initial 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 as on December 31, 2022.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.30 for July-September 2023 as against Tk. 0.66 (Restated) for July-September 2022; EPS was Tk. 1.06 for January-September 2023 as against Tk. 1.41 (Restated) for January-September 2022. NOCFPS was Tk. 0.87 for January-September 2023 as against Tk. 1.50 (Restated) for January-September 2022. NAV per share was Tk. 21.05 as on September 30, 2023 and Tk. 21.39 (Restated) as on December 31, 2022.
- 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 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.41 for April-June 2023 as against Tk. 0.40 for April-June 2022; EPS was Tk. 0.76 for January-June 2023 as against Tk. 0.75 for January-June 2022. NOCFPS was Tk. 0.44 for January-June 2023 as against Tk. 0.50 for January-June 2022. NAV per share was Tk. 21.89 as on June 30, 2023 and Tk. 21.39 as on December 31, 2022.
- 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 29, 2023 at 10:30 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Exclusion of Directorship
The company has informed that the Board of Directors has decided to vacate the Directorship of Mr. Mujibur Rahman who holds 1,570,600 shares and Mr. Md. Shamsul Huda who holds 1,570,548 shares of the company with effect from 17.07.2023.
- Resumption after record date
Trading of the shares of the company will resume on 07.06.2023
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 06.06.2023
- 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 04.06.2023 to 05.06.2023 and trading of the shares will be suspended on record date i.e., 06.06.2023
- The auditor of the Rupali Insurance Company Ltd. has given the \"Emphasis of Matters\" paragraph in the Auditor\'s Repor
The auditor of the Rupali Insurance Company Ltd. has given the \"Emphasis of Matters\" paragraph in the Auditor\'s Report for the year ended on December 31, 2022. \"Emphasis of Matters: 1. As disclosed in note no. 6.00 to the Financial Statement the company reported an amount of Tk. 120,212,072 as balance in STD and Current Accounts. To comply with the IDRA Circular No. non-life 64/2019 dated 19 July 2019 regarding operation of bank accounts the company has (cont.1)
- (Continuation news of RUPALIINS): closed 72 no. STD Accounts. These closed bank accounts are showing Tk. 102,258,232 as
(Continuation news of RUPALIINS): closed 72 no. STD Accounts. These closed bank accounts are showing Tk. 102,258,232 as balance in the Financial Statement. We have not received bank statements of these closed bank accounts. 2. As disclosed in note no. 13.00 to the Financial Statement the company reported an amount of Tk. 74,751,816 as Short-Term Bank Loan with Modhumoti Bank Limited, Konkapoit Branch, A/C No. 112670600000023. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of RUPALIINS): The balance as per bank statement is Tk. 81,590,583. The reconciliation between bank s
(Continuation news of RUPALIINS): The balance as per bank statement is Tk. 81,590,583. The reconciliation between bank statements balance and balance as per financial statements shows unsettled amount relating to premium, issue of pay orders. bank interest and bank charge for 2019 and 2020. 3. As disclosed in note no. 15.00, the company has shown an amount of Tk. 26,868,448 as Unpaid Dividend. The designated bank account for dividend (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of RUPALIINS): has shown a balance of Tk. 25,099 as at December 31, 2022. Hence, there is shortfall o
(Continuation news of RUPALIINS): has shown a balance of Tk. 25,099 as at December 31, 2022. Hence, there is shortfall of Tk. 26,843,349 in the dividend bank account. 4. The company has made short investment in Bangladesh Govt. Treasury Bond as prescribed in SRO No. 353-law/2019 dated 11 November 2019 issued by IDRA. 5. The company has a contributory Provident Fund which is recognized by the Income Tax Authorities. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of RUPALIINS): As per condition for recognition a separate Provident Fund Accounts should be maintain
(Continuation news of RUPALIINS): As per condition for recognition a separate Provident Fund Accounts should be maintained and audited financial statement should be submitted to the Income Tax Authorities in the stipulated time. But separate Provident Fund Account is not maintained by the company. 6. The Company has no Gratuity scheme. But it shows that Gratuity is being paid to outgoing employees and the payment is being charged to Revenue.\" (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.35 for January-March 2023 as against Tk. 0.35 for January-March 2022. NOCFPS was Tk. 0.49 for January-March 2023 as against Tk. 0.88 for January-March 2022. NAV per share was Tk. 21.60 as on March 31, 2023 and Tk. 21.39 as on December 31, 2022.
- 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 15, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Update of Information
The Company has requested the shareholders to update their e-mail addresses through their respective Depository Participants (DP). The company has also requested the shareholders to update their respective BO account with 12 digits e-TIN number, Bank account. address, mobile number etc. through their respective DPs before the Record Date.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended December 31, 2022. Date of AGM: 31.07.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 06.06.2023. The Company has also reported EPS of Tk. 0.97, NAV per share of Tk. 21.39 and NOCFPS of Tk. 1.63 for the year ended December 31, 2022 as against Tk. 2.06, Tk. 21.92 and Tk. 2.53 respectively for the year ended December 31, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.05.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- 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 April 30, 2023 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.