Karachi: Askari Life Assurance Company Limited has announced the postponement of its upcoming Board of Directors meeting, initially set for November 5, 2026, at 10:00 AM. The company has yet to determine a new date and time for the meeting and has committed to updating the Exchange once these details are finalized.

The announcement was made in a report dated October 30, 2026, which also stated that the Close Period will remain in effect until the conclusion of the rescheduled Board Meeting. This period typically restricts trading by insiders to prevent unfair advantages due to non-public information.

According to information available from the Pakistan Stock Exchange (PSX), the postponement of such meetings is not uncommon in the financial sector, where timely decisions are critical, yet occasionally require adjustments.

The company has requested that the Exchange inform the TRE Certificate holders about the postponement and the continuation of the Close Period. This procedural step ensures that all stakeholders are aware of the current status and any associated restrictions.