Karachi, Adamjee Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 26, 2021 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.
Further, the company has declared the closed period from August 20, 2021 to August 26, 2021.
Adamjee Insurance Company Limited is the general insurance company of Pakistan, and was incorporated as a Public Limited Company on September 28, 1960. The Company is listed on Pakistan Stock Exchange Limited and also has regional presence in United Arab Emirates.
The Company is principally engaged in the general insurance business comprising fire and property, marine, motor, accident, health and miscellaneous. The shares of the Company are listed on Pakistan Stock Exchange.
The total number of shares the company has issued are 350,000,000 where the Earnings per Share in 2020 is 5.36 which was 5.18 in 2019. The Profit after Taxation has also increased in 2020 and is 1,875,506,000 which was 1,812,975,000 in 2019.