Pakistan General Insurance Co. Limited to Discuss Right Shares Allocation at Emergent Board Meeting

Lahore, An Emergent Board Meeting of the Pakistan General Insurance Co. Limited is scheduled to take place on June 25, 2024, in Lahore. The primary agenda of the meeting includes the consideration for the allocation of unsubscribed right shares and the approval of their allotment.

The meeting will also address other matters not related to the financial results of the company. According to information available from the Pakistan Stock Exchange (PSX), a close period has been declared from June 24, 2024, to June 25, 2024. During this period, directors, the CEO, and executives are prohibited from dealing in the company’s shares, directly or indirectly.

The decision to convene this emergent board meeting underscores the company’s compliance with the regulatory requirements set forth in the PSX Rule Book and highlights the importance of the issues on the agenda.