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RICL AGM / EGM: Filing of certified copy of resolutions passed at Reliance Insurance Company Limited's 44th AGM held on April 30, 2026 | Investify

Apr 30, 2026, 2:11 PM

Filing of certified copy of resolutions passed at Reliance Insurance Company Limited's 44th AGM held on April 30, 2026

AGM / EGM

Reliance Insurance Company Limited filed a certified copy of the resolutions passed by shareholders at its 44th Annual General Meeting held on April 30, 2026 in Karachi. The AGM approved the audited financial statements for year ended December 31, 2025, reappointed auditors, and approved a bonus share issue through an increase in authorised share capital.

Key Findings

AGM was held on April 30, 2026 at Reliance Insurance House, Karachi.
Shareholders approved the audited financial statements for the year ended December 31, 2025 along with the Chairman's Review, Directors' and Auditors' Reports.
BDO Ebrahim & Company were appointed as auditors for the year ending December 31, 2026.
Authorised share capital was increased from Rs. 1.5 billion to Rs. 2.0 billion through creation of 50 million new ordinary shares of Rs. 10 each.
Shareholders approved a bonus issue of 30,141,691 ordinary shares of Rs. 10 each, capitalized from Rs. 301,416,910 of profits, at a ratio of 30 shares for every 100 shares held.

Meeting Details

Meeting

Annual general meeting

Date

Apr 30, 2026, 5:00 AM

Venue

Reliance Insurance House, Karachi

Meeting Details

Agenda

Confirmation of last minutes
Adoption of audited financial statements for the year ended December 31, 2025
Appointment of auditors
Increase in authorised share capital
Approval of bonus shares

Resolutions

Minutes of the 43rd General Meeting held on 30 April 2025 were approved.
Audited financial statements for the year ended December 31, 2025, together with the Chairman's Review, Directors' and Auditors' Reports, were adopted.
M/s. BDO Ebrahim & Company were appointed as auditors for the year ending December 31, 2026 on remuneration to be mutually agreed.
Authorised share capital was increased from Rs. 1,500,000,000 to Rs. 2,000,000,000 by creation of 50,000,000 new ordinary shares of Rs. 10 each.
Bonus issue of 30,141,691 ordinary shares of Rs. 10 each was approved, to be allotted at 30 shares for every 100 shares held.

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Filing of certified copy of resolutions passed at Reliance Insurance Company Limited's 44th AGM held on April 30, 2026

Key Findings

Meeting Details

Meeting Details