Karachi: The Universal Insurance Company Limited has announced the publication of its postal ballot paper and the provision of electronic voting facilities in anticipation of its forthcoming Extra Ordinary General Meeting (EOGM). The meeting is scheduled for March 5, 2025, at 11:00 a.m., as per the notification issued on February 25, 2025. This initiative aligns with the requirements stipulated in the Companies (Postal Ballot) Regulations, 2018.

The company has ensured the dissemination of the ballot paper by publishing it in two newspapers, "Daily The Nation" in English and "Daily Ausaf" in Urdu. Additionally, the document has been made available on the company's official website, www.uic.com.pk, to facilitate broader access. This move is designed to accommodate shareholders' participation and ensure compliance with regulatory standards.

According to information available from the Pakistan Stock Exchange (PSX), Universal Insurance has embraced both traditional and electronic voting mechanisms to empower eligible members of the company. This dual approach aims to enhance transparency and engagement, allowing shareholders to exercise their voting rights conveniently.

The detailed procedures for both e-voting and postal ballot voting are comprehensively outlined in the notice of the EOGM. The company has also communicated these developments to the TRE Certificate Holders of the Exchange, ensuring that all stakeholders are informed and prepared for the upcoming meeting.