Pragati Life Ins announces 12% cash dividend

Pragati Life Insurance Ltd approved 12 percent cash dividend for the year that ended on December 31, 2022.  

The approval was given at the insurer's 23rd annual general meeting, which was held virtually yesterday, said a press release.

Khalilur Rahman, chairman of the insurer, presided over the meeting, where Syed M Altaf Hussain, Abdul Awal Mintoo, Mohammed Abdul Awwal, ASM Mohiuddin Monem, Md Shafiur Rahman, Mohammed Abdul Hamid, Nigar Jahan Chowdhury, and Suhel Ahmed Choudhury, directors, also attended the meeting.

Md Jalalul Azim, chief executive officer, Chandra Shekhar Das, chief financial officer, and Jagadish Kumar Bhanja, company secretary, along with a large number of shareholders joined the meeting.