Karachi: Reliance Insurance Company Limited has confirmed the successful dispatch and credit of bonus share certificates to its shareholders. The distribution, announced on April 30, 2025, was executed through registered post and electronic credit to the respective accounts of shareholders in the Central Depository System (CDS) managed by the Central Depository Company of Pakistan Limited (CDC) on June 12, 2025.
The company, listed in the designated market category of the Pakistan Stock Exchange (PSX), had previously announced the issuance of bonus shares to its shareholders. According to information available from the Pakistan Stock Exchange (PSX), these shares have now been credited, ensuring compliance with the stipulated timelines and regulatory requirements.
The central depository system facilitates the electronic settlement of securities, and the process ensures that shareholders receive their bonus share certificates efficiently. The bonus shares initiative is part of Reliance Insurance's strategy to enhance shareholder value and increase equity distribution. The company has adhered to its commitment to timely distribution as initially communicated in the announcement made earlier this year.