Corporate DisclosurePROGRESLIF
PROGRESLIF Corporate Disclosure — 6 December 2020
Announcement summary
- What happened
- PROGRESLIF published a corporate disclosure on 6 December 2020. Read the full announcement for details.
- Company
- Progressive Life Insurance Co. Ltd.
- Announcement published
Original announcement
(Continuation news of PROGRESLIF): Whereas as per IDRA guideline the company can made provision for renewal income up to 30 days as grace period; 4. The company has incurred an excess amount of Tk. 87,900,450 (Eight crore seventy-nine lac four hundred and fifty taka only) as management expense in the year 2019 from allowable limit mentioned in Section 62 of the Insurance Act, 2010 and Rule 39 of The Insurance Rules, 1958; (cont.5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040054f3d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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