Corporate DisclosurePRAGATIINS

PRAGATIINS Corporate Disclosure — 17 June 2021

Published
Last verified by BullBD

Announcement summary

What happened
PRAGATIINS published a corporate disclosure on 17 June 2021. Read the full announcement for details.
Company
Pragati Insurance PLC.
Announcement published

Original announcement

(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)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040053331
Original publication
Last verified by BullBD
Translation
BullBD
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