Karachi: The Board of Directors of Reliance Insurance Company is scheduled to convene on Thursday, March 27, 2025, at the company’s head office located in the Sindhi Muslim Cooperative Housing Society, Karachi. The meeting’s agenda includes the consideration of the audited annual accounts for the year ending December 31, 2024.

In compliance with the Pakistan Stock Exchange (PSX) regulations, the company has announced a “Closed Period” from March 20, 2025, to March 27, 2025. During this timeframe, no directors, the CEO, or executives are permitted to engage in any trading activities involving the company’s shares, either directly or indirectly. This restriction is in accordance with Clause 5.6.1 (d) of PSX Regulations, which aims to ensure transparency and prevent insider trading.

According to information available from the Pakistan Stock Exchange (PSX), the company has communicated the details of the Closed Period to the Trading Right Entitlement Certificate Holders of the Exchange. This procedural step is part of the company’s obligations under the designated market category to maintain fair trading practices and uphold investor confidence.

The board meeting, set to address significant financial evaluations, is a routine yet crucial part of the company’s annual governance and financial disclosure processes.