Karachi, PICIC Insurance Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 22, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2021.
Further, the company has declared the closed period from October 16, 2021 to October 22, 2021.
PICIC Insurance Limited was incorporated on April 23, 2004 as a public limited Company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan (SECP). It is engaged in providing all classes of non-life insurance business. PICIC Insurance Limited is a general insurance company dealing with all classes of general insurance business.
The total numbers of shares are 35,000,000. The Earnings per share was (0.06) in 2019. The Company had a loss if Rs. 12,000 in 2020 which was 2,175,000 in 2019.