BullBD Old Apps Site
Home
Details Chart Today news Share news Top gainer Top Looser Upcoming events
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0 1 2 3 4 5 6 7 8 9 All
Bank Cement Ceramics Sector Corporate Bond Engineering Financial Institutions Food & Allied Fuel & Power IT Sector Insurance Jute Life Insurance Miscellaneous Mutual Funds Paper & Printing Pharmaceuticals & Chemicals Services & Real Estate Tannery Industries Telecommunication Textile Travel & Leisure All
  • Details
  • Chart
  • News

RUPALILIFE

All Eps Dividend Board Agm Q1 Q2 Q3

RUPALILIFE 26-Aug-2021

(Continuation news of RUPALILIFE): As life insurance company has no identifiable profit instead it has a surplus which is to be distributed to the policy holders and shareholders as a predetermined ratio i.e 90% and 10% respectively as per Insurance Act 2010 & insurance rules 1958. As a result no fund created or reserved for this purpose. (end)

RUPALILIFE 26-Aug-2021

(Continuation news of RUPALILIFE): as at 31 December 2020 was BDT 38,153,039.00 and as at 31 December 2019 was BDT 13,595,963.00. 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 no-29.00 Employees Profit Participation Fund: Labour law 2013 demands to maintain a provision for the fund. (cont.4)

RUPALILIFE 26-Aug-2021

(Continuation news of RUPALILIFE): Number of Sponsor/Director is 12 (twelve) and Number of Shares owned by Sponsor/Director is 9,437,047 which is 32.071% of total shareholding. There exists two different guidelines regarding sponsor directors shareholding proportion. As per Surbule (3) of Insurars Capiatal and Shareholding Rules 2016 and as per BSEC/CMRRCD/2019-193/217/ADMIN/90 Dated May 21, 2019. Note no-14.02 Investment in shares: Book Value of Investment in Shares (cont.3)

RUPALILIFE 26-Aug-2021

(Continuation news of RUPALILIFE): no:14.02 regarding the valuation of investment in share and the applicable guideline by International Financial Reporting Standards (IFRS) and Insurance Development and Regulatory Authority (IDRA). We further refer to note no: 29 regarding Employees Profit Participation Fund which is relevant to sec 232 (3) of Labour Law. Our Opinion is not modified in respect of these matters. Note no-5.01 Distribution schedule of paid-up capital: (cont.2)

RUPALILIFE 26-Aug-2021

The auditor of the Rupali Life Insurance Company Limited has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: We emphasize on note no: 5.1 representing the proportion of paid up share capital held to the possession of sponsor directors and the relevant guideline provided by Insurance Development and Regulatory Authority (IDRA) and Bangladesh Securities and Exchange Commission (BSEC). We also emphasize on note (cont.1)

RUPALILIFE 23-Aug-2021

(Q2 Un-audited): Increase in life revenue account for April-June, 2021 was Tk. 5.51 million with total life insurance fund of Tk. 5,068.83 million as against increase of Tk. 70.65 million and Tk. 4,840.29 million respectively for the same period of the previous year. Increase in life revenue account for Jan-June, 2021 was Tk. 17.75 million with total life insurance fund of Tk. 5,068.83 million as against Tk. 72.97 million and Tk. 4,837.34 million respectively for the same period of the previous year.

RUPALILIFE 23-Aug-2021

(Q1 Un-audited): Increase in life revenue account for January-March, 2021 was Tk. 12.24 million with total life insurance fund of Tk. 5,063.32 million as against increase in life revenue account of Tk. 5.27 million and Tk. 4,769.65 million respectively for the same period of the previous year.

RUPALILIFE 23-Aug-2021

There will be no price limit on the trading of the shares of the Company today (23.08.2021) following its corporate declaration.

RUPALILIFE 23-Aug-2021

(Continuation news of RUPALILIFE): The Company shall use the amount of the declared stock dividend instead of cash to invest in FDR, Bond and/or stock market to enhance the future return on investment. (end)

RUPALILIFE 23-Aug-2021

(Continuation news of RUPALILIFE): to attain the minimum paid up capital Tk. 30.00 Crore out of that valuation surplus which is the accumulated profit of the Company. The bonus shares in not declared from share premium or capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. (cont. 3)

Previous Next page