Karachi: EFU Life Assurance Ltd has disclosed a series of share transactions executed by Saifuddin N. Zoomkawala, a Non-Executive Director of the company, as part of a regulatory filing under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The announcement, dated July 22, 2026, detailed the sale of shares by Zoomkawala, which took place over three separate days in July.

According to the disclosure, Zoomkawala sold a total of 9 shares on July 17, 2026, at a rate of 155.51 per share, resulting in a cumulative shareholding of 399,991 shares. Subsequently, on July 20, 2026, he sold 8,000 shares at a rate of 150.78 per share, bringing his total shareholding down to 391,991 shares. The final transaction occurred on July 21, 2026, when Zoomkawala sold 1,991 shares at a rate of 150.73 per share, reducing his cumulative share count to 390,000 shares.

The transactions amounted to a minor move percentage-wise in terms of Zoomkawala's total shareholding in the company. Each of these transactions was executed in the ready market, with shares held in the Central Depository Company (CDC) format.

According to information available from the Pakistan Stock Exchange (PSX), the disclosed transactions are part of the company's compliance with transparency and disclosure regulations, reflecting the trading activities of its key personnel. This transparency is crucial for maintaining investor confidence and ensuring an equitable trading environment.

These sales reflect a routine adjustment in the holdings of a substantial shareholder, as outlined in the regulatory requirements of the PSX, without indicating any significant strategic shift within EFU Life Assurance Ltd.