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Sonali Life Insurance Company Limited is pleased to inform all stakeholders that, as per the declaration of the regulatory authority, the company has been reclassified from the “Z” category to the “A” category, effective September 1, 2025.
This reclassification is a significant achievement for the Company and reflects its improved compliance status, strengthened operational performance, and the confidence of the regulator in its corporate governance standards and financial discipline, says its company secretary.
The Company successfully convened its 11th Annual General Meeting (AGM) on August 31, 2025, at which the Shareholders duly approved a 10% cash dividend for the financial year ended December 31, 2023.
The approval of dividend distribution is a testament to the Company’s stable financial standing and its continued commitment to maximising shareholder value.
The Board of Directors of Sonali Life Insurance Company Limited conveys its profound appreciation to the valued Shareholders, policyholders, employees, regulators, and all stakeholders for their unwavering trust and support.
The Company reiterates its dedication to upholding transparency, ensuring sound governance practices, and delivering quality and innovative insurance services to its customers across the country.