Premier Insurance Announces PKR 202M Rights Issue
Summary
Premier Insurance Limited announces a Rs 202M rights issue to meet SECP's revised capital requirements amidst ongoing legal and compliance challenges.
Kind of disclosure: Regulatory/Legal
Read the original filingKey facts
- Rights issue announced
- Rs 202M
- Legal claim with SECP
- Rs 199.7M
- Tax disputes ongoing
- Multiple years
- Penalties for non-compliance
- Rs 460K total
- Dilution risk for shareholders
- 18.04% decrease in value per share
Premier Insurance Limited (PINL) on Nafa
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More PINL announcements
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- NoticeTransmission of Quarterly Report for the Period Ended September 30, 2026
- Material informationAppointment of Independent Director AnnouncedPremier Insurance appoints Ms. Laila Bhatia Bawany as Independent Director, subject to SECP approval.
- NoticePremier Insurance Limited -NCCPL Notice
- Financial resultPremier Insurance Limited reported a net profit of Rs 126.15 million for the nine months ended September 30, 2026Filed as: Financial Results for the Quarter Ended September 30, 2026
Source: Premier Insurance Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.