Reliance Insurance declares 15pc stock, 15pc cash dividends
Reliance Insurance declared 15 percent stock and 15 percent cash dividends for its shareholders for 2015.
The announcement came at the 28th annual general meeting of the company at Lakeshore Hotel in Gulshan, Dhaka on Thursday.
Zakia Rouf Chowdhury, chairman of Reliance, presided over the meeting attended by a large number of shareholders, the company said in a statement.
At the AGM, the shareholders put forward a number of suggestions, which were duly noted by the management.
In 2015, the company achieved a gross premium income of Tk 227.17 crore and earned a pre-tax profit of Tk 45.68 crore, which was around Tk 45.84 crore in the previous year.
At a separate meeting, the board of directors of the company elected Shahnaz Rahman as its new chairman and Rajiv Prasad Shaha as vice-chairman.
Two new directors from the public shareholders—Atiqur Rahman and Srimati Shaha—were elected in the meeting.
The new directors also took part in the meeting and discussed the company's future plans.
The board of directors of the company now comprises Shahnaz Rahman as chairman, Rajiv Prasad Shaha as vice chairman, Zakia Rouf Chowdhury, Habibullah Khan, Shamsur Rahman, Mohammad Abdullah, Iftikharul Huq, Arshad Waliur Rahman, Imran Faiz Rahman, Amanullah Chowdhury, Atiqur Rahman, Romana Rouf Chowdhury, Yasmeen Khan, Srimati Shaha, Anis-uz-Zaman Khan, Toufiq Ali, and Md Khaled Mamun as CEO.
Comments