janata insurance company ltd

Janata Insurance Company Ltd will be placed in “A” category from existing “Z” category with effect from 08.08.2012.As the company reported disbursement of stock dividend @ 15% for the year ended on December 31, 2010, it has fulfilled the key condition of being a company under “A” category.As a result, from tomorrow Wednesday, 8 August 2012 Janata Insurance Company Ltd will trade on DSE & CSE as a company of  ”A” category and of course,  mature day of it’s share will be reduced from 9 days to 3 days.The Company has informed that it has credited the Bonus shares for the year 2010 to the respective shareholders’ BO Accounts today.

DSE has requested The Stock Brokers and Merchant Bankers not to provide loan facilities to purchase securities of Janata Insurance Company Ltd. between 1st to 30th trading days after change of categorization of the said securities, starting from 08.08.2012.