Agrani Ins recommends 10pc stock dividend
Friday, 6 May 2011
The board of directors of Agrani Insurance Company Ltd has recommended 10 per cent stock dividend for the year that ended on December 31, 2010. The board of directors has also decided to increase the authorized capital of the company from Tk 200 million to Tk 500 million subject to the approval of the shareholders and the regulatory bodies. The annual general meeting (AGM) of the company will be held at Institution of Diploma Engineers, Bangladesh, 160A, Kakrail, VIP Road, Dhaka at 10:00am on June 26. The record date is May 16. The company has stated EPS of Tk 17.49, NAV per share of Tk 132 and NOCFPS of Tk 6.64 for the year that ended on December 31, 2010.