Trust Islami Life Insurance PLC. announcements
59 Dhaka Stock Exchange announcements for Trust Islami Life Insurance PLC. (TILIL) since 2023: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (14).
- Credit Rating Result
Alpha Credit Rating Limited (Alpha Rating) has assigned the Surveillance rating of the Company as "A" in the long term and "ST-3" in the short term along with Stable outlook based on the audited financial statements as on December 31, 2023 and relevant qualitative information till November 19, 2024.
- Q1 Financials
(Q1 Un-audited): As per life revenue account of the company for January to March, 2024, excess of total income over total expenses including claims (surplus) was BDT 0.54 million as against excess of total income over total expenses including claims (surplus) of BDT 8.40 million in the corresponding previous period of 2023. (cont.) (Continuation news of TILIL): Accordingly, Balance of Life Insurance Fund was BDT 296.51 million as on March 31, 2024 as against BDT 207.56 million as on March 31, 2023 resulting a net increase of BDT 88.96 million. (end)
- Q2 Financials
(Q2 Un-audited): As per life revenue account of the company for April to June, 2024, excess of total income over total expenses including claims (surplus) was BDT 1.55 million as against excess of total income over total expenses including claims (surplus) of BDT 4.42 million in the corresponding previous period of 2023. Whereas as per life revenue account of the company for January to June, 2024, (cont.) (Continuation news of TILIL): excess of total income over total expenses including claims (surplus) was BDT 2.09 million as against excess of total income over total expenses including claims (surplus) of BDT 12.82 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT 298.07 million as on June 30, 2024 as against BDT 211.98 million as on June 30, 2023 resulting a net increase of BDT 86.09 million. (end)
- Q3 Financials
(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 47.70 million as against excess of total income over total expenses including claims (surplus) of BDT 36.79 million in the corresponding previous period of 2023. Whereas as per life revenue account of the company for January to September, 2024, (cont.) (Continuation news of TILIL): excess of total income over total expenses including claims (surplus) was BDT 49.79 million as against excess of total income over total expenses including claims (surplus) of BDT 49.61 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT 345.77 million as on September 30, 2024 as against BDT 295.97 million as on December 30, 2023 resulting a net increase of BDT 49.80 million. (end)
- Resumption after Record Date
Trading of the shares of the company will resume on 17.11.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 14.11.2024.
- 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 12.11.2024 to 13.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 14.11.2024.
- Emphasis of Matter
The auditor of the company has given the "Emphasis of Matter" paragraphs in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/TILIL_2023.pdf
- The Board of Directors has recommended 5\% Cash Dividend (including 2\% interim Cash Dividend) for the year ended Decemb
The Board of Directors has recommended 5\% Cash Dividend (including 2\% interim Cash Dividend) for the year ended December 31, 2023 to all general shareholders other than sponsors and directors, where 2\% interim Cash Dividend has already been paid to the General Shareholders\' BO a/c. Sponsors and Directors hold 2,40,00,000 shares, and general shareholders hold 1,60,00,000 shares of the company. Taka 48,00,000.00 only shall be distributed amongst the general shareholders. Date of AGM: 24.12.2024; (cont.)
- Dividend Declaration
(Cont. news of TILIL): Time: 3:00 PM; Venue: Hybrid System, Physical AGM Venue is at International Convention City Bashundhara (ICCB) next to 300 feet Purbachal Express Highway, Dhaka, Bangladesh. (Hall No. 06). Record Date: 14.11.2024. The Company has also reported EPS of Tk. 0.21, NAV per share of Tk. 11.37 and NOCFPS of Tk. 2.07 for the period ended December 31, 2023 as against Tk. 0.15, Tk. 11.49 and Tk. 2.17 respectively for the year ended December 31, 2022. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (27.10.2024) following its corporate declaration.
- 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 October 24, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the Interim Cash Dividend based on 6 months financials for the period ended June 30, 2023 to the respective shareholders.
- Category Change
The Company will be placed in 'B' category from existing 'N' category with effect from January 02, 2024 as the Company has reported disbursement of 2% Interim Cash Dividend based on 6 months financials for the period ended June 30, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.