Karachi: PICIC Insurance Limited has announced an emergency meeting of its Board of Directors, scheduled for April 29, 2026, at 12:00 p.m. The meeting will be held at the company’s office located on the third floor of Nadir House, I.I. Chundrigar Road, Karachi. The board is set to deliberate on the company’s future strategic plans during this session.

As per the company’s notice dated April 28, 2026, a “Closed Period” has been declared from April 28, 2026, to April 29, 2026. This period is mandated under Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. Consequently, no director, CEO, or executive is allowed to engage in any form of share dealings, either directly or indirectly, during this time frame.

According to information available from the Pakistan Stock Exchange (PSX), the notice also requested that TRE Certificate Holders of the Exchange be informed of the closed period to ensure compliance with the regulations.

The designated market category is essential for stakeholders to understand the implications of the board’s upcoming discussions and decisions on strategic directions.