Karachi: Habib Insurance Company Limited has notified the Pakistan Stock Exchange (PSX) that it will hold a board meeting on October 29, 2024, to discuss financial results and declare entitlements for the quarter ending September 30, 2024. This meeting is scheduled to take place at the company's corporate office.

According to the notice sent to the Pakistan Stock Exchange, the board of directors will consider the accounts for the period ended September 30, 2024. In connection with this meeting, Habib Insurance has declared a closed period from October 22 to October 29, 2024. During this time, directors, CEOs, or executives are prohibited from trading the company’s shares, complying with Clause 5.6.4 of PSX Regulations. This measure is to prevent any potential misuse of confidential information that might affect the company's share price.

The insurance company has advised TRE Certificate Holders of the exchange to take note of the closed trading window. This standard procedure aims to maintain market integrity and transparency during periods when significant financial decisions and announcements are made.

Habib Insurance Company Limited, established in 1942 and headquartered at Karachi, is a key player in the insurance sector, known for its financial stability and commitment to regulatory compliance.