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Peoples Insurance declares 12.50% cash dividend

Staff Correspondent
29 Jun 2022 00:05:56 | Update: 29 Jun 2022 00:05:56
Peoples Insurance declares 12.50% cash dividend
The board of directors of Peoples Insurance Company Limited held a meeting on a digital platform on Tuesday – Courtesy Photo

Peoples Insurance Company Limited has recommended a 12.5 per cent cash dividend for the year of 2021 at its 37th Annual General Meeting on Tuesday.

Its Chairman Jafar Ahmed Patwari presided over the meeting where directors, including the chairmen of all assistive committees of the board of directors, representatives of statutory auditors, scrutinizer, and observers from DSE/CSE and above 228 digitally connected shareholders joined the AGM, according to a statement.

Company Secretary Sk Md Sarfaraz Hossain ACS was also present in the meeting.

Shareholders appointed statutory auditors and compliance professionals for the year of 2022.

The AGM began at 11:30 am on the virtual platform, where shareholders registered on the record date could join, or e-vote or oppose agenda following the instructions previously issued by the company.

The shareholders expressed their satisfaction for efficient management in running the affairs of the company.

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