Premier Insurance Limited Passes Key Resolutions at Annual General Meeting

Karachi: Premier Insurance Limited announced the successful passage of key resolutions during its Annual General Meeting held at its registered office on April 25, 2025. The meeting, conducted in accordance with Regulation No. 5.6.9 (b) of the Pakistan Stock Exchange (PSX) Rule Book, outlined significant decisions impacting the company’s operations for the coming year.

The first resolution involved the approval of the audited financial statements for the year ending December 31, 2024. Members considered and adopted the documents, which included the Chairman's Review, Directors' Report, and Auditors' Report. This approval was formalized with the resolution stating, "RESOLVED THAT the audited financial statements of the Company for the year ended December 31, 2024, together with the Chairman's Review, Directors' and Auditors' Report be and are hereby approved."

The second resolution focused on the appointment of auditors for the fiscal year ending December 31, 2025. M/s BDO Ebrahim & Company, Chartered Accountants, were appointed as the auditors, with a directive authorizing the Board of Directors to determine their remuneration. The resolution stated, "RESOLVED THAT M/s BDO Ebrahim & Company, Chartered Accountants be and hereby appointed as auditors of the Company for the year ending December 31, 2025 and also authorized Board of Directors to fix their remuneration."

According to information available from the Pakistan Stock Exchange (PSX), these resolutions align with the company’s strategic objectives and regulatory compliance measures. The resolutions reflect Premier Insurance Limited's commitment to maintaining transparent and accountable financial practices within the designated market category.