Karachi: Premier Insurance Limited has announced that its Board of Directors will convene a meeting on Wednesday, March 26, 2025, at 10:00 a.m. The meeting, to be held via video conferencing on the Zoom platform from the company's registered office in Karachi, will focus on reviewing and approving the audited financial statements for the fiscal year ending December 31, 2024.
In compliance with Rule 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Rules Book, the company has declared a Closed Period for trading its shares. This period spans from March 19, 2025, to March 26, 2025, inclusive of both days. During this timeframe, the company's directors, CEO, and executives are prohibited from directly or indirectly engaging in any trading activities involving the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), stakeholders and TRE Certificate Holders have been duly informed of these developments and the associated restrictions during the Closed Period. The measures are intended to ensure compliance with regulatory standards and maintain transparency in the financial operations preceding the board's assessment of the company's annual performance.
As Premier Insurance Limited prepares to disclose its financial results, the market will be closely monitoring the outcomes of the board meeting. The designated market category for Premier Insurance Limited is insurance. The company's adherence to PSX regulations reflects its commitment to upholding corporate governance standards within the financial sector.