Lahore: Adamjee Insurance Company Limited has announced that its Board of Directors will convene on June 4, 2025, to deliberate on the appointment of a new Chief Executive Officer. This meeting, which is described as being for a purpose other than financial results, will take place in Lahore and will address the requirements set forth under Section 187 of the Companies Act 2017.

In compliance with regulatory obligations, the company has declared a "Closed Period" starting from May 29, 2025, and concluding on the day of the meeting, June 4, 2025. During this period, as stipulated by Clause 5.6.1.(d) of the Pakistan Stock Exchange Regulations, no Director, Chief Executive Officer, or Executive is permitted to engage in any form of trading of the company's shares, either directly or indirectly.

The company's notification has been communicated to the TRE Certificate Holders of the exchange. According to information available from the Pakistan Stock Exchange (PSX), Adamjee Insurance Company Limited is scheduled to address the transition in its executive leadership, ensuring adherence to established corporate governance practices.

The upcoming board meeting is expected to play a crucial role in shaping the future leadership of the company, impacting its strategic direction and operational management.