Karachi: Progressive Insurance Company Limited has scheduled a Board of Directors meeting for August 28, 2024, to consider and approve the Annual Accounts for the fiscal year ended 2023. The meeting will be held in Karachi, where the company is based.

The company announced a closed period from August 22, 2024, to August 28, 2024, during which no director, CEO, or executive will be allowed to buy or sell company shares. According to information available from the Pakistan Stock Exchange (PSX), this measure is to prevent any insider trading during the decision-making period regarding the annual accounts.

Shareholders and certificate holders of the exchange have been advised of these developments to ensure transparency and compliance with regulatory requirements.