Sandhani Life Insurance Company Limited announcements
339 Dhaka Stock Exchange announcements for Sandhani Life Insurance Company Limited (SANDHANINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (22).
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the (Surveillance) rating of the Company as \"AA2\" in t
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the (Surveillance) rating of the Company as \"AA2\" in the long term along with stable outlook based on audited financial statements of the Company up to December 31, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.
- Q3 Financials
(Q3 Un-audited): Decrease in consolidated life revenue account for July-September, 2021 was Tk. 142.22 million as against decrease in Tk. 191.57 million for July-September, 2020. Whereas decrease in consolidated life revenue account for Jan- September, 2021 was Tk. 610.87 million with consolidated total life insurance fund of Tk. 7,363.20 million as against decrease in Tk. 321.01 million and Tk. 7,702.27 million 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 October 28, 2021 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Sale Confirmation of a Sponsor
Mrs. Rowshan Ara, one of the Sponsors of the Company, has further reported that she has completed her sale of 1,49,810 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 26.09.2021.
- Sale Declaration of a Sponsor
Mrs. Rowshan Ara, one of the Sponsors of the Company, has expressed her intention to sell her entire holding of 1,49,810 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within October 31, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 26.08.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 25.08.2021.
- 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 23.08.2021 to 24.08.2021. Trading of the shares of the Company will remain suspended on record date i.e., 25.08.2021.
- The Company has informed that Bangladesh Securities and Exchange Commission has issued a Registration certificate of Ass
The Company has informed that Bangladesh Securities and Exchange Commission has issued a Registration certificate of Asset Management in the name of "Sandhani Asset Management Ltd." on August 17, 2021 for conducting business of investment and asset management activities which is subsidiary company of Sandhani Life Insurance Company Ltd.
- The auditor of the Sandhani Life Insurance Company Ltd has given the "Emphasis of Matter" paragraphs in the Auditor's Re
The auditor of the Sandhani Life Insurance Company Ltd has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: 1. Due to present pandemic, like previous year, we have carried out Virtual Audit of the accounts of the company for the year 2020. Accordingly, we are to depend on the papers & documents supplied to us online and also some hard copies. However, we are in the opinion that, (cont.)
- (Continuation news of SANDHANINS): information seems to be agreed with the related books of accounts and also with the f
(Continuation news of SANDHANINS): information seems to be agreed with the related books of accounts and also with the financial statements. 2. The company is yet to adopt IFRS 16 (Leases) due to recent pandemic. Moreover, the main office is situated at the premises owned by the company except some branch & sub-offices which are located at rental premises. (Ref. Policy Note-2.20). (end)
The first part of this announcement is missing from the archive. - (Q2 Un-audited): Decrease in Consolidated life revenue account for Apr-June, 2021 was Tk. 104.07 m. with total life insu
(Q2 Un-audited): Decrease in Consolidated life revenue account for Apr-June, 2021 was Tk. 104.07 m. with total life insurance fund of Tk. 7,505.43 m. as against increase in Tk. 17.67 m. and Tk. 7,893.83 m. respectively for the same period of the previous year. (cont.)
- Dividend Declaration
The Board of Directors has recommended 12% cash dividend for the year ended on December 31, 2020. Date of AGM: 28.09.2021, Time: 11:30 AM, Venue: Digital Platform. Record Date: 25.08.2021. The Company has also reported Consolidated EPS of Tk. 1.41, Consolidated NAV per share of Tk. 18.15 and Consolidated NOCFPS of Tk. 5.27 for the year ended on December 31, 2020 as against Tk. 1.46, Tk. 18.36 and Tk. (3.03) respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.07.2021) following its corporate declaration.
- Q2 Financials
(Continuation news of SANDHANINS): Decrease in Consolidated life revenue account for Jan-June, 2021 was Tk. 468.64 m. with total life insurance fund of Tk. 7,505.43 m. as against decrease in Tk. 129.45 m. and Tk. 7,893.83 m. respectively for the same period of the previous year. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): Decrease in Consolidated life revenue account for January-March, 2021 was Tk. 364.57 million with total Consolidated life insurance fund of Tk. 7,609.50 million as against decrease in Consolidated life revenue account of Tk. 147.12 million and Tk. 7,876.16 million 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 28, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021 and Second Quarter (Q2) period ended on June 30, 2021.
- 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 28, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
- (Disregard News): Refer to the earlier news disseminated by DSE on 28.06.2021 regarding "Buy Confirmation of a Sponsor D
(Disregard News): Refer to the earlier news disseminated by DSE on 28.06.2021 regarding "Buy Confirmation of a Sponsor Director" Please disregard the News, which is inadvertently disseminated in SANDHANINS code.
- Mr. Tasmiah Rahman, one of the Sponsor Directors of the Company, has further reported that he has completed his buying o
Mr. Tasmiah Rahman, one of the Sponsor Directors of the Company, has further reported that he has completed his buying of 7,55,000 shares of the Company at prevailing market price through Stock Exchange (DSE) as per declaration disseminated on 16.06.2021.
- Query Response
In response to a DSE query dated May 05, 2021, 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.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.