Rawalpindi: Askari Life Assurance Company Limited has announced that its Board of Directors will convene a meeting on April 28, 2025, in Rawalpindi. The agenda for the meeting includes the consideration and approval of the financial statements for the first quarter ended on March 31, 2025.
In accordance with the regulations stipulated in the Rule Book of the Pakistan Stock Exchange, the company has declared a Closed Period from April 21, 2025, to April 28, 2025, inclusive of both dates. During this period, no director, CEO, or executive is permitted to engage in any trading of the company’s shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is a standard practice implemented to prevent insider trading and ensure fair trading practices within the designated market category.
The company has also communicated the details of the Closed Period to the TRE Certificate holders of the Exchange, ensuring compliance with the existing regulatory framework.