EFU Life Assurance Reports Transactions by Director Saifuddin N. Zoomkawala

Karachi: EFU Life Assurance Ltd. has disclosed recent stock transactions by Saifuddin N. Zoomkawala, a non-executive director of the company, as per the requirements of Pakistan Stock Exchange (PSX) Regulation 5.6.4.

On September 27, 2024, Zoomkawala sold 4,000 shares at a price of PKR 177.17 per share. Following this transaction, his cumulative shareholding in the company stood at 556,399 shares, representing 0.53% of the company’s total shares. Again, on September 30, 2024, he sold an additional 4,000 shares, this time at PKR 185.16 per share, bringing his holdings down to 552,399 shares, which continues to represent 0.53% of the total shares. According to information available from the Pakistan Stock Exchange (PSX), these transactions were conducted through the Central Depository Company (CDC) on the Ready Market.

These regulatory disclosures provide transparency regarding the trading activities of key personnel within the company, offering stakeholders insight into the financial moves of significant insiders.