Karachi: Reliance Insurance Company Ltd has announced that its Board of Directors will convene on April 30, 2025, in Karachi to review and potentially approve the un-audited financial statements for the first quarter ending March 31, 2025.

The company has instituted a "Closed Period" from April 23, 2025, to April 30, 2025, inclusive of both dates. During this period, directors, the CEO, and executives are prohibited from dealing in the company's shares, in compliance with Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), the restrictions are intended to prevent any potential conflicts of interest or insider trading concerns during the preparation and review of financial documents.

Reliance Insurance has requested the Trading Rights Entitlement (TRE) Certificate Holders of the Exchange to be duly informed of these developments. The company operates within the designated insurance market category, and any decisions made in the upcoming board meeting could influence its financial reporting and market position.