21 Aug 2026
Financial Results for the Quarter Ended June 30, 2026 Crescent Star Insurance Limited reported its financial results for the half-year ended June 30, 2026, showing a net loss after tax of PKR 60.43 million on consolidated basis, compared to a profit of PKR 15.97 million in the same period last year. Net insurance revenue decreased to PKR 34.78 million and the board did not recommend any dividend for the period. Financials 20 Aug 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Crescent Star Insurance Limited reported insider transactions under PSX Regulation 5.6.4, where Bawany Air Products Limited executed multiple buy and sell transactions totaling significant share movements, ending with a cumulative holding of 14,468,031 shares (9.73%). Insiders 17 Aug 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Bawany Air Products Limited, a substantial shareholder/related entity, sold 4,500,000 shares of Crescent Star Insurance Limited at a rate of 5.13 on August 13, 2026, reducing its cumulative holding to 14,468,031 shares (9.73%). Insiders 17 Aug 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Bawany Air Product Limited purchased 4,667,000 shares of Crescent Star Insurance Limited at a rate of 5.00 on August 12, 2026, bringing its cumulative shareholding to 18,968,031 shares (12.76%). Insiders 13 Aug 2026
Board Meeting Crescent Star Insurance Limited has announced that a meeting of its Board of Directors will be held on August 21, 2026, to consider the half-yearly accounts for the period ended June 30, 2026. A closed period is in effect from August 15, 2026, to August 21, 2026. Meetings 06 Aug 2026
Crescent Star Technologies (Pvt) Ltd commences its next phase of Growth Crescent Star Insurance Limited announced that its subsidiary, Crescent Star Technologies (Pvt.) Ltd., is entering its next phase of growth by focusing on innovative technology solutions and artificial intelligence. The subsidiary has appointed Ms. Momina Kamal Cheema as Head of Operations to lead its AI and digital transformation initiatives. Material 08 Jun 2026
Resolution passed at Extra Ordinary General Meeting held on June 8, 2026 Crescent Star Insurance Limited (CSIL) shareholders approved an increase in the company's authorized capital to PKR 3 billion and authorized a 100% rights issue of 148.6 million shares at a price of PKR 5 per share. Additionally, shareholders approved a loan of up to PKR 1 billion to its associated company, PICIC Insurance Limited, at a markup rate of KIBOR plus 3%. Actions 22 May 2026
General Meetings / Briefing Sessions Crescent Star Insurance Limited disseminated the video recording link for its Corporate Briefing Session held on May 22, 2026. Briefings 21 May 2026
General Meetings / Briefing Sessions Crescent Star Insurance Limited (CSIL) presented its corporate briefing report for FY-2025, highlighting financial results, ongoing digital migration, a 100% right share issuance, and the approved merger of its subsidiary Crescent Star Foods (Pvt.) Ltd into PICIC Insurance Limited. Briefings 19 May 2026
Notice of Corporate Briefing Session Crescent Star Insurance Limited has scheduled its Corporate Briefing Session for May 22, 2026, at 11:00 AM via a Zoom link to discuss the company's financial performance for the year ended December 31, 2025. Briefings 15 May 2026
Ballot Paper for voting through post Crescent Star Insurance Limited has issued a ballot paper for voting through post regarding its upcoming Annual General Meeting. The agenda includes proposals for an increase in authorized share capital, a right share issuance, and the approval of a loan to an associated company, PICIC Insurance Limited. OTHERS 15 May 2026
Corporate Briefing Cession (CBS) Crescent Star Insurance Limited has announced that its Corporate Briefing Session (CBS) will be held on May 22, 2026, at 11:00 am via video link (Zoom) to discuss the company's performance. Briefings 07 May 2026
Notice of Extraordinary General Meeting Crescent Star Insurance Limited has announced an Extraordinary General Meeting (EOGM) to be held on June 8, 2026. Key agenda items include increasing the authorized share capital, issuing 148.6 million right shares at a price of PKR 5 per share, and approving an intercompany loan of up to PKR 1 billion to its associated company, PICIC Insurance Limited. Meetings 04 May 2026
Board Decisions-Declaration of Right Shares Crescent Star Insurance Limited has announced a 100% right issue, offering 148,619,157 shares at a price of PKR 5 per share. The proceeds will be used to invest in PICIC Insurance Limited to enhance the company's capital base, solvency margins, and insurance business capacity. Actions 30 Apr 2026
Resolution passed at Annual General Meeting held on April 30, 2026 Crescent Star Insurance Limited has submitted the certified resolutions passed by shareholders during the Annual General Meeting held on April 30, 2026. Key approvals include the adoption of the 2025 annual financial statements, the appointment of M/s. Naveed Zafar Ashfaq Jaffery & Co. as statutory auditors, and the election of eight directors for a three-year term. BOARD MEETINGS 30 Apr 2026
Financial Results for the Quarter Ended March 31, 2026 Crescent Star Insurance Limited reported a consolidated net loss of PKR 39.48 million for the quarter ended March 31, 2026, compared to a profit of PKR 12.21 million in the same period last year. The Board of Directors has deferred the decision regarding the issuance of right shares to a future meeting. Financials 30 Apr 2026
Transmission of Quarterly Financial Statements for the Period Ended March 31, 2026 Crescent Star Insurance Limited reported a net loss of PKR 39.48 million for the quarter ended March 31, 2026, compared to a profit of PKR 12.21 million in the same period last year, primarily due to the suspension of Afghan transit trade operations. The Board also announced that the Sindh High Court has approved the merger of its subsidiary, Crescent Star Foods (Pvt) Ltd, into PICIC Insurance Ltd. Financials 29 Apr 2026
Board Meeting Other Than Financial Results Crescent Star Insurance Limited (CSIL) announced that its subsidiary, Crescent Star Foods (Private) Limited, will merge into PICIC Insurance Limited. To fund the associated costs of this merger, the Board is evaluating financing options ranging from PKR 750 million to PKR 1,250 million, which may include the issuance of right shares or redeemable instruments. Material 28 Apr 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Crescent Star Insurance Limited reported the sale of 700,000 shares by Memoona Tanveer between April 24 and April 28, 2026, executed through the ready market. Insiders 07 Apr 2026
Notice of Annual General Meeting for the year ended December 31, 2025 Crescent Star Insurance Limited has issued a notice for its 69th Annual General Meeting (AGM) to be held on April 30, 2026. The meeting will address ordinary business including the approval of financial statements for the year ended December 31, 2025, appointment of auditors, and the election of eight directors. Meetings