Karachi: Reliance Insurance Company Limited, on January 14, 2026, disclosed a transaction executed by one of its key personnel, in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4. This disclosure pertains to the shares of the company held by a non-executive director.

The recent filing indicates that Noor Muhammad Zakada, a non-executive director of Reliance Insurance Company Limited, has executed a transaction involving the gifting of shares. According to the provided details, the transaction, classified under the “gift in” nature, was conducted through the Central Depository Company (CDC) on January 12, 2026.

The disclosure reveals that a total of 356,897 shares were gifted, with the transaction recorded at a rate of 0.00 per share. This transaction brings the cumulative number of shares held by Mr. Zakada to 3,370,731, representing a 3.35% interest in the company. The cumulative percentage reflects a moderate move in his shareholding.

According to information available from the Pakistan Stock Exchange (PSX), this disclosure forms part of the mandatory requirements for transparency in transactions involving directors and other substantial shareholders of listed companies.

The transaction underscores the ongoing compliance with regulatory requirements set forth by the PSX, ensuring that stakeholders are informed of significant changes in shareholding by the company’s key figures.