Karachi: The State Life Insurance Corporation (SLIC) has divested a portion of its shareholding in Premier Insurance Company Limited (PINL), as disclosed under the Pakistan Stock Exchange (PSX) regulation 5.6.4. On April 21, 2025, SLIC executed the sale of 450,500 ordinary shares of PINL at a rate of 5.52 per share.

This transaction was conducted in the Central Depository Company (CDC) format within the ready market. According to information available from the Pakistan Stock Exchange (PSX), this sale represents a strategic move by the substantial shareholder, SLIC, in accordance with regulatory compliance.

The financial implications of this transaction and the resulting changes in shareholding percentages remain within the stipulated framework of PSX regulations. Premier Insurance Company Limited operates within the financial services sector, which is categorized under the insurance market designation.