Karachi, Reliance Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 31, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2019.
Further, the company has declared the closed period from March 24, 2020 to March 31, 2020.
Reliance Insurance Company Limited was incorporated in Pakistan as a public limited company on November 4, 1981. The company is engaged in general insurance business. Its registered office is located in Karachi. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan and it is registered with Central Depository Company of Pakistan Limited.
The company is jointly owned by two industrial groups the Al-Noor Group and the Bawany Group. The company has a nationwide branch network with 25 operating stations spread in all the major cities of Pakistan. The products of the company are fire, marine, marine hull, motor, engineering, bond/ guarantee, terrorism, aviation and miscellaneous insurances.
The symbol “RICL” is being used by the stock exchanges for the shares of Reliance Insurance Company Limited.