Crescent Star Insurance Limited Schedules Board Meeting to Discuss Quarterly Accounts

Karachi: Crescent Star Insurance Limited has announced a forthcoming board meeting scheduled for October 23, 2024. The gathering will take place at Karachi. The primary agenda for this meeting will be to discuss the quarterly accounts for the period ending September 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), Crescent Star Insurance Limited has also declared a “Closed Period” from October 17, 2024, to October 23, 2024. During this period, directors, executives, and other insiders are restricted from dealing in the shares of the company, in compliance with clause 5.6.1(d) of the PSX Regulations.

This measure ensures that no insider trading or unfair advantage occurs during a time when unpublished price-sensitive information could affect the company’s stock value. The closed period precedes the disclosure of the quarterly financial performance, aiming to maintain transparency and fairness in the dealings of the shares.

The company has requested that this information be communicated to the TRR Certificate Holders of the exchange accordingly, ensuring all stakeholders are well-informed of the restrictions and the scheduled discussions regarding the company’s financial outcomes.

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