Askari General Insurance Co. Ltd Schedules Emergent Board Meeting to Address Right Shares

Rawalpindi: An emergent meeting of the Board of Directors of Askari General Insurance Company Limited has been scheduled for December 10, 2025, at 10:30 am in Rawalpindi. The primary agenda of the meeting is to deliberate on the allocation of unsubscribed right shares and to approve their allotment under the stipulations of section 83(1)(a)(iv) of the Companies Act, 2017.

The Company has declared a closed period from December 8 to December 9, 2025, during which no Director, Chief Executive Officer, or Executive will be permitted to engage in any transactions involving the Company's shares. This measure adheres to Rule 5.6.4 of the Rule Book of the Pakistan Stock Exchange, thus ensuring compliance with regulatory requirements.

According to information available from the Pakistan Stock Exchange (PSX), the announcement and the subsequent closed period are crucial steps in maintaining transparency and fairness within the market operations. The Company has requested that certificate holders of the Exchange be informed accordingly about these developments.