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Premier Insurance Limited: Auditors Certificate Confirming Deposit of Subscription Amount for Right Shares by Directors and Substantial Shareholders

DividendPOSITIVE

Premier Insurance Limited has confirmed the successful subscription of rights shares by its Directors and Substantial Shareholders, as verified by the auditors.

  • An amount of PKR 102,325,762 has been fully subscribed for 10,232,576 Rights Shares at a subscription price of PKR 10/- per share.
  • This constitutes 50.60% of the total Rights Issue authorized by the Board of Directors on September 24, 2026.
  • The funds received will contribute to the overall rights issue amounting to PKR 202,260,420.
  • The Auditor's Certificate confirms compliance with the Companies Act, 2017 regarding the receipt of subscription money.
  • This announcement reflects a positive development for the company as it secures necessary capital through the rights issue.

About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange, per our editorial policy and data methodology. A summary for information, not investment advice — the original filing is the authoritative record.

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