Rupali Insurance AGM approves 20pc dividend

The 23rd annual general meeting (AGM) of Rupali Insurance Company Limited has approved 20 per cent stock dividend for the year that ended on December 31, 2010. The AGM was held in the city recently with company's Chairman Mostafa Golam Quddus in the chair. A large number of shareholders attended the meeting, said a press release. In his presidential address, the chairman appreciated the management of the company for its outstanding performance in the year 2010. The shareholders also appreciated the management for its outstanding performance during the year 2010. They also made a number of valuable suggestions for further improvement of the company in future. Among others, directors KM Farookh, Kazi Moniruzzaman, Jinnat Ali Mian, Mostafa Quamrus Sobhan, Mostafa Golam Amran, Aftab Ahmed and Abu Hena and Shaon Ahmed, Management & Financial Consultant M Azizul Huq and Managing Director PK Roy were present at the meeting.