PINL · Premier Insurance Limited
Premier Insurance Limited Submits Final Offer Document for 40% Rights Issue
Official PSX filing title: Submission of Final Offer Documents of Right Issue
- Filed
- 19 October 2026 at 11:15 am
- Category
- Actions
- Sentiment
- Neutral
- Impact
- High
Executive summary
Premier Insurance Limited has submitted its final offer documents for a 40% rights issue, offering 20,226,042 new ordinary shares at PKR 10 per share to meet SECP minimum paid-up capital requirements. The book closure is scheduled for October 27, 2026.
Key takeaways
- Issuance of 20,226,042 right shares at PKR 10.00 each (40% of existing paid-up capital).
- Proceeds of PKR 202.26 million aimed at meeting SECP minimum capital requirement of PKR 1 billion by December 31, 2026.
- Book closure scheduled from October 27, 2026, to October 27, 2026.
- Payment period for subscription runs from October 29, 2026, to November 19, 2026.
- #rights issue
- #capital increase
- #offer document
- #regulatory compliance
- #pinl
Please cross-check with the official PSX filing before making an investment decision.