Pakistan Reinsurance Company Limited Delays Directors’ Election

Karachi, According to information available from the Pakistan Stock Exchange (PSX), Pakistan Reinsurance Company Limited has announced the postponement of the election of its directors. The Securities and Exchange Commission of Pakistan (SECP) CRO-Karachi office, after considering the company’s request to extend the timeline, has directed the company under Section 158 (3) of the Companies Act, 2017, to conduct the election on or before October 31, 2024. This directive complies with the relevant provisions of the Act along with the associated laws, rules, and regulations. The company has committed to keeping its stakeholders informed of any further developments.