Karachi: Century Insurance Company Limited has announced that its Board of Directors will convene a meeting on Friday, February 14, 2025, at 3:30 p.m. The meeting will take place at the company's registered office located at Lakson Square, Building No. 2, Sarwar Shaheed Road, Karachi. The primary agenda of this meeting is to review and consider the audited financial statements of the company for the fiscal year ended December 31, 2024.

In compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) regulations, Century Insurance has declared a "closed period" from February 7, 2025, to February 14, 2025, inclusive. During this period, no Director, CEO, or Executive of the company may directly or indirectly engage in any transactions involving the company's shares. This measure is intended to prevent any conflicts of interest or insider trading activities during the time leading up to the financial review.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard practice to maintain transparency and fairness in the market. Shareholders and investors expect clarity and consistent adherence to market regulations, ensuring the integrity of financial disclosures.

Century Insurance has also communicated to the TRE Certificate Holders of the Exchange, ensuring that all relevant parties are informed about the closed period and upcoming board meeting. This information is crucial for maintaining orderly and transparent market operations.

The insurance market category eagerly anticipates the results of this meeting, as the audited financial statements will provide insights into the company's performance over the past year. Stakeholders will be keen to assess the financial health and strategic direction of Century Insurance as it moves forward in 2025.