Habib Insurance Announces Board Meeting and Closed Period Amid Regulatory Compliance

Karachi: Habib Insurance Company Limited has scheduled a meeting of its Board of Directors to deliberate on the company’s quarterly accounts for the period ending March 31, 2025. The meeting is set to take place on April 29, 2025, at the company's corporate office.

In accordance with the Pakistan Stock Exchange (PSX) regulations, Habib Insurance has announced a "Closed Period" from April 22, 2025, to April 29, 2025, inclusive of both dates. During this period, no directors, the Chief Executive Officer, or any other executives are permitted to engage in transactions involving the company's shares, either directly or indirectly.

This measure is mandated under Clause 5.6.4 of the PSX Regulations, which aims to prevent any potential insider trading activities. The company has communicated this information to the TRE Certificate Holder of the Exchange, ensuring compliance with the regulatory framework.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard practice and are enforced to maintain transparency and fairness in the market. Habib Insurance’s adherence to these regulations underscores its commitment to upholding market integrity within the designated market category.