Rupali Life Insurance Company Limited announcements
325 Dhaka Stock Exchange announcements for Rupali Life Insurance Company Limited (RUPALILIFE) since 2009: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (19).
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
- Q3 Financials
(Q3 Un-audited): Increase in life revenue account for July-September, 2022 was Tk. 7.60 million as against increase in Tk. 9.41 million for July-September, 2021. Whereas increase in life revenue account for Jan-September, 2022 was Tk. 26.49 million with total life insurance fund of Tk. 5,311.00 million as against increase in Tk. 27.17 million and Tk. 5,078.24 million respectively for the same period of 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 October 26, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Updating Information
The Company has requested the concerned Brokerage Houses/DPs to provide the statement (both the hard copy and soft copy) with details of their margin loan holders entitled to final dividend 2021 on before September 15, 2022. The statement should include shareholders name, BOID No., client wise shareholding position, contact person etc. The Company has further requested to send the soft copy to the email address: [email protected] and contact this number: 01847133722.
- Resumption after record date
Trading of the shares of the company will resume on 21.08.2022 after record date.
- Suspension for Record date
Trading of the shares will remain suspended on record date i.e., 17.08.2022
- 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 14.08.2022 to 16.08.2022 and trading of the shares will remain suspended on record date i.e., 17.08.2022.
- The auditor of the Rupali Life Insurance Company Limited has given the \"Emphasis of Matter\" paragraphs on the audited
The auditor of the Rupali Life Insurance Company Limited has given the \"Emphasis of Matter\" paragraphs on the audited financial statements for the year ended December 31, 2021. Emphasis of Matter: We draw attention to the followings: 1. In note 5.01 for Sponsor Directors shareholding position; 2. In note 15.02 for Investment in Shares; 3. In note 19 for Agent Balance; 4. In note 31 for Employees Profit Participation Fund. (cont.1)
- (Continuation news of RUPALILIFE): Note 5.01 Distribution schedule of paid-up capital: Percentage of Shareholding of Spo
(Continuation news of RUPALILIFE): Note 5.01 Distribution schedule of paid-up capital: Percentage of Shareholding of Sponsor/Director is 32.071\% as on 31 December 2021. There exist two different guidelines regarding sponsor directors/ DIRECTORS shareholding proportion. As per Subrule (3) of Insurars Capiatal and Shareholding Rules 2016 and as per BSEC/CMRRCD/2019-193/217/ADMIN/90 Dated May 21,2019. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of RUPALILIFE): Note 15.02 Investment in Shares: The Cost Price of Investment in shares as on 31 Dece
(Continuation news of RUPALILIFE): Note 15.02 Investment in Shares: The Cost Price of Investment in shares as on 31 December 2021 was BDT 53,093,888.00. The Book Value of Investment in shares as on 31 December 2021 was BDT 48,656,542.00. The Market Value of Investment in shares as on 31 December 2021 was BDT 48,698,635.00. Balance of Fair Value Change A/C was BDT 4,437,346.00. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of RUPALILIFE): Whereas, the Book Value of Investment in shares as on 31 December 2020 was BDT 38,153
(Continuation news of RUPALILIFE): Whereas, the Book Value of Investment in shares as on 31 December 2020 was BDT 38,153,039.00. Investments are stated in the financial statements at their fair value. Reduction in the cost price is charged in Fair Value Change Account as per IDRA Guideline 04/2012 Dated 11 June 2012. Note 19.00 Agent Balance: Agent Balance was BDT 250,235,756.00 and BDT 220,010,332 as on 31 December 2021 and as on 31 December 2020 respectively. (cont.4)
The first part of this announcement is missing from the archive. - Emphasis of Matter
(Continuation news of RUPALILIFE): Note 31.00 Employees Profit Participation Fund: Labour law 2013 demands to maintain a provision for the fund. As life insurance company has no identifiable profit instead it has a surplus which is to be distributed to the policy holders and shareholders at a predetermined ratio i. e. 90% and 10% respectively as per Insurance Act 2010 & insurance rules 1958. As a result, no fund was created or reserved for this purpose. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): Increase in life revenue account for January-March, 2022 was Tk. 15.37 million with total life insurance fund of Tk. 5,299.88 million as against increase in life revenue account of Tk. 12.24 million and Tk. 5,063.32 million respectively for the same period of the previous year.
- Q2 Financials
(Q2 Un-audited): Increase in life revenue account for April-June, 2022 was Tk. 3.52 million with total life insurance fund of Tk. 5,303.40 million as against increase of Tk. 5.51 million and Tk. 5,068.83 million respectively for the same period of the previous year. Increase in life revenue account for Jan-June, 2022 was Tk. 18.89 million with total life insurance fund of Tk. 5,303.40 million as against Tk. 17.75 million and Tk. 5,068.83 million respectively for the same period of the previous year.
- Dividend Declaration
The Board of Directors has recommended 18% cash dividend for the year ended December 31, 2021. Date of AGM: 18.09.2022, Time: 10:00 AM, Venue: Digital Platform. Record Date: 17.08.2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (07.07.2022) following its corporate declaration.
- 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 06, 2022 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022; Second Quarter (Q2) period ended June 30, 2022 respectively.
- 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 July 06, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
- Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the Entity Rating of the Company as \"A2\" in the long te
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the Entity Rating of the Company as \"A2\" in the long term along with a stable outlook based on audited financial statements as of December 31, 2020, unaudited financial statements as of December 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.