Extraordinary General Meeting of Premier Insurance Limited

Karachi, Premier Insurance Limited informed Pakistan Stock Exchange that the resolution passed by the members in the Extraordinary General Meeting held on June 28, 2021, to approve long term equity investments of up to PKR 3.780 (M) and PKR 20 (M) in the associated Companies and undertakings namely, the crescent Textile Mills Limited and First Equity Modaraba, respectively.

Premier Insurance Limited was incorporated in Pakistan in May, 1952 as a public limited company. The operations of the business are related to general insurance. The registered office of the business is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The products of the company includes property insurance, motor insurance, miscellaneous insurance, marine insurance, engineering insurance, shop owners insurance, group health insurance and specialized insurance.

The symbol “PINL” is being used by the stock exchanges for the shares of Premier Insurance Limited.