Pragati Life drops 15% cash dividend bomb

Pragati Life Insurance PLC conducted its twenty-fifth Annual General Meeting through digital channels on September 14, 2025. Chairman Khalilur Rahman led the proceedings as shareholders gathered virtually for the annual business session. The assembled stakeholders voted unanimously to approve a fifteen percent cash dividend distribution for the 2024 financial year. Company Secretary Jagadish Kumar Bhanja facilitated the meeting operations throughout the event. Numerous shareholders participated actively in the digital gathering.

The meeting brought together key company leadership and external professionals for the annual review. Ex-Chairman Abdul Awal Mintoo attended by special invitation alongside current board members Syed M. Altaf Hussain, Md. Shafiur Rahman, Tafsir M. Awal, Mohammed Abdul Hamid, Tajwar M. Awal, Suhel Ahmed Choudhury, Dr. Sayed Quamrul Hossain, and Anwar Faruque. Chief Executive Officer, Md. Jalalul Azim and Chief Financial Officer Chandra Shekhar Das represented executive management. External Auditor Anil Salam Idris & Co. Chartered Accounts and Actuary Dr. Mohammad Sohrab Uddin provided professional oversight. The comprehensive attendance demonstrated a strong commitment to corporate governance.
 

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