Shaheen Insurance Company Ltd. Announces Board Meeting to Review Quarterly Accounts

Karachi: Shaheen Insurance Company Limited has announced that its Board of Directors will convene a meeting on April 29, 2025, to evaluate the company’s quarterly financial results for the period ending March 31, 2025. The meeting will be held via video link from the company's registered office.

The announcement was made in compliance with regulatory requirements, specifically referring to the company's adherence to Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. The designated market category is the insurance sector. In line with these regulations, the company has declared a "Closed Period" starting from April 23, 2025, through April 29, 2025. During this time frame, no director, CEO, or executive of Shaheen Insurance Company Limited will be permitted to engage in any transactions involving the company's shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is a standard procedure aimed at maintaining the integrity of the financial markets and ensuring that no insider trading occurs as the company prepares to disclose its financial performance.

The company has also communicated this information to the TRE Certificate Holders of the Exchange, ensuring transparency and adherence to the regulatory framework governing listed entities on the exchange.