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PRAGATIINS

All Eps Dividend Board Agm Q1 Q2 Q3

PRAGATIINS 27-Jun-2021

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 28.06.2021 to 29.06.2021. Trading of the shares of the Company will remain suspended on record date i.e., 30.06.2021.

PRAGATIINS 17-Jun-2021

(Continuation news of PRAGATIINS): and EPS has been overstated. 2. Compliance with IDRA Regulation: The company has not made proper investment in designated instruments in the manner as prescribed in SRO No. 353-1aw/2019 dated 11 November 2019 issued by IDRA. As well as the company has not submitted the report on category of investment in assets in the prescribed manner as prescribed in Schedule # 1 of the said SRO. (end)

PRAGATIINS 17-Jun-2021

(Continuation news of PRAGATIINS): as at 31/12/2020 whereas the balance as at 31/12/2019 was Tk. 2,530,031. The amount of Tk. 10,030,031 has been calculated for the employees who have left the company during the year after completing minimum five years' service. No provision has been made for the employees who have completed 5 years' service and continuing with the company. As a result, the provision for gratuity and expenses has been understated (cont.2)

PRAGATIINS 17-Jun-2021

The auditor of the Pragati Insurance Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Basis for Qualified Opinion: 1. Gratuity provision: As disclosed in Note # 2.06 (k) (ii) the company has a funded Gratuity Scheme for all eligible employees who have completed minimum 5 years of confirmed service with the company. As per Note # 26.00 the company reported an amount of Tk. 10,030,031 as Provision for Gratuity (cont.1)

PRAGATIINS 01-Jun-2021

(Q1 Un-audited): EPS was Tk. 1.26 for January-March 2021 as against Tk. 1.01 for January-March 2020. NOCFPS was Tk. 2.31 for January-March 2021 as against Tk. 2.16 for January-March 2020. NAV per share was Tk. 54.16 as on March 31, 2021 and Tk. 53.51 as on December 31, 2020.

PRAGATIINS 01-Jun-2021

There will be no price limit on the trading of the shares of the Company today (01.06.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

PRAGATIINS 01-Jun-2021

The Board of Directors has recommended 30% Cash dividend for the year ended on December 31, 2020. Date of AGM: 26.08.2021, Time: 11:30 AM, Venue: Digital Platform. Record Date: 30.06.2021. The Company has also reported EPS of Tk. 4.07, NAV per share of Tk. 53.51 and NOCFPS of Tk. 8.53 for the year ended on December 31, 2020 as against Tk. 3.19, Tk. 50.63 and Tk. 5.57, respectively for the same period of the previous year.

PRAGATIINS 25-May-2021

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 31, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.

PRAGATIINS 24-May-2021

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 May 31, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.

PRAGATIINS 25-Apr-2021

In response to a DSE query dated April 22, 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.

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