Dhaka Stock Exchange (DSE) has transferred Purabi General Insurance listed on the stock market to ‘Z’ category.

The company has been downgraded from ‘A’ category to ‘Z’ category due to non-payment of dividend. Which is effective from Wednesday (October 16).

Brokers and merchant bankers have been instructed not to give margin loans on shares of this company due to transfer to Z category.

This information is known from DSE sources.