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39th Annual General Meeting 2024

39th AGM held on 19th June, 2025

Syed M. Altaf Hussain, Chairman of Pragati Insurance Limited presiding over the 39th Annual General Meeting of the Company held on 19 June, 2024 through digital platform. The Vice-chairman Mr. Tabith Awal and Members of the Board of Directors Mr. Abdul Awal Mintoo, Mr. Mohammed Abdul Awwal, Mr. Mohammed Abdul Malek, Mr. Nasir Latif, Syed Muhammad Jan, Mr. Tajwar M. Awal, Mrs. Nigar Jahan Chowdhury, N. Yeahea , Mr. A.S.M. Mohiuddin Monem; Independent Directors Mr. Muhammad Jamaluddin, H. Naher, Mr. Mahbub Anam & Advisor Mr. Md. Rezaul Karim, CEO Syed Sehab Ullah Al-Manjur(ACII), CFO Mr. Amar Krishna Shil, FCA Company Secretary Mohammad Jafar Ali,FCS and a large number of shareholders participated in the 39th AGM through digital platform. The meeting approved 20% Cash & 7% Stock dividend for its shareholders for the year 2024.

PRAGATI INSURANCE DECLARES 20% CASH & 7% STOCK DIVIDEND.

Pragati Insurance Ltd. declared 20% Cash & 7% Stock dividend for the year 2024 in its 39th Annual General Meeting held on 19th June, 2025 through digital platform. The meeting was presided over by Syed M. Altaf Hussain, Chairman of the company. The Vice-chairman Mr. Tabith Awal and Members of the Board of Directors Khalilur Rahman, Mr. Mohammed Abdul Awwal, Mr. Mohammed Abdul Malek, Mr. Nasir Latif, Syed Muhammad Jan, Mr. Tajwar M. Awal, Mrs. Nigar Jahan Chowdhury, N. Yeahea , Mr. A.S.M. Mohiuddin Monem; Independent Directors Mr. Muhammad Jamaluddin, H. Naher, Mr. Mahbub Anam & Advisor Mr. Md. Rezaul Karim, CEO Syed Sehab Ullah Al-Manjur(ACII), CFO Mr. Amar Krishna Shil, FCA Company Secretary Mohammad Jafar Ali, FCS and a large number of shareholders participated in the 39th AGM through digital platform. The meeting approved the agenda of the 39th AGM through the e-voting of the shareholders. During the year 2024 the company earned Gross premium of Tk.2503.65 million. Profit before tax was Tk.550.76 million. Net claim settled during the year was Tk.289.79 million .Underwriting profit stood at Tk.366.99 million in 2024.The total asset of the Company stood at Tk.5995.16 million in 2024.The Chairman said in his speech that the Company has declared total dividend 27% for the shareholders . It is a great success and this success which has come in to being due to the contribution of our valued clients, right direction of the Board of Directors, hardworking of the management and the all officers and employees of the company. I and the Board of Directors also remember their contribution with due respect. The Company Secretary and CFO of the company replied the various questions given by the shareholders. A large number of shareholders participated in the meeting through digital platform and expressed their full satisfaction with the performance of the Company. The meeting was conducted by Company Secretary, Mohammad Jafar Ali,FCS.

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Annual Report