Tag Archives: PICIC Insurance Limited

Karachi: PICIC Insurance Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on April 25, 2015. The agenda of the meeting was discussion of un-audited interim profit and loss account for three month period ended March 31, 2015 which portrayed a loss of Rs. 5,430,000 and loss per share 0.16 basic and diluted. PICIC Insurance Limited was incorporated on April 23, 2004 under the Companies Ordinance 1984 as a public limited company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan under the insurance ordinance, 2000. The registered office of the company is located at Karachi. The company is listed on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. PICIC Insurance Limited is a part of the Temasek Group operating in Pakistan. NIB Bank Limited a subsidiary of the Temasek Group in Pakistan is a shareholder of PICIC Insurance Limited with a 30% stake. The symbol “PIL” is being used by the stock exchange for the shares of PICIC Insurance Limited.

Karachi, July 12, 2013 (PPI-OT): We have to inform you that Mr. Yameen Kerai has been appointed as The Chairman of PICIC Insurance Limited (PIL) with effect from July 11, 2013 in place of Mr. Mohammed Basheer Janmohammed. You may please inform members of your Exchange accordingly. For more information, …

Karachi, June 05, 2013 (PPI-OT): We have to inform you that Mr. Afroz Quraishi has been appointed as Chief Financial Officer and Company Secretary with effect from June 01, 2013 in place of Mr. Muhammad Haneed. You may please inform members of yours Exchange accordingly. Appointment of Director We have …

Karachi, March 20, 2013 (PPI-OT): We have to inform you that Mr. Shahrukh Ali Raza Mirza, has ceased to be the Director of the company w.e.f. March 10, 2013. The casual vacancy will be filled in accordance with the regulations. For more information, contact: Sana Quadri Company Secretary Next Capital …

Karachi, January 09, 2013 (PPI-OT): In accordance with the Regulation No. 21(3) of the Listing Regulations, we provide the Free- Float of shares of our Company as on 31 December 2012 hereunder: Total Outstanding Shares 35,000,000 Less: Shares held by Directors/sponsors 1,757,754 Shares held by Associated Companies (Cross – holding) …

Karachi, December 13, 2012 (PPI-OT): We would like to inform you that the Board of Directors of our company in their meeting held on 11 December 2012 at 4 pm at Shaheen Complex, 8th Floor, MR. Kiyani Road Karachi which was adjourned to 12 December 2012 at 4pm, recommended the …

Karachi, December 12, 2012 (PPI-OT): We would like to inform you that the Board of Directors of PICIC Insurance Limited (PIL) in their meeting held on 11 December 2012 at 4 pm has not concluded the matter relating to issuance of right shares and decided to adjourn the meeting till …