Resolution passed in extraordinary general meeting of TPL Insurance Limited

General

Karachi, TPL Insurance Limited informed Pakistan Stock Exchange that the resolution passed in extraordinary general meeting of the company held on December 31, 2021 through video link.

“Resolved that the Annual Audited Accounts of the company for the year ended June 30, 2022 together with the Reports of the Independent Auditors, Chairman and Director’s review reports thereon be and are hereby approved and adopted.”

TPL Insurance Limited was incorporated in Pakistan in 1992 as a public limited company, to carry on general insurance business. The Company was allowed to work as Window Takaful Operator on 04 September 2014 by Securities and Exchange Commission of Pakistan (SECP) under SECP Takaful Rules, 2012 to carry on General Window Takaful Operations in Pakistan.

The total numbers of shares are 117,191,261. The Earnings per share is (0.54) in 2020 which was (1.14) in 2019. The Profit after Taxation of the Company is 39,788,000 in 2020 which was (107,158,000) in 2019.