Karachi, Reliance Insurance Company Limited informed Pakistan Stock Exchange about transaction of shares of the company. 7,536 shares @ Rs. 6.65 per share were bought from the market on November 10, 2021 through CDC.
Reliance Insurance Company Limited was incorporated in Pakistan as a public limited company on November 4, 1981. The Company is engaged in general insurance business and has also been allowed to undertake General Window Takaful operations on May 25, 2016.
Reliance Insurance being jointly owned by two prestigious industrial groups of Pakistan. Its major sponsors are Al-Noor Group and Amin Bawany Group.
The total numbers of shares of the Company are 60,351,880. The Earnings per shares is 1.22 in 2020 which was 1.27 in 2019. The Profit After Taxation is 68,495,000 in 2020 which was 71,211,000 in 2019.