Independent Director Acquires Shares in Askari General Insurance Co. Ltd.

Karachi: Askari General Insurance Company Limited has reported a recent transaction executed by one of its Independent Directors, Ms. Nusrat Munshi, who has acquired shares in the company. This disclosure was made in accordance with the regulations of the Pakistan Stock Exchange (PSX) on July 27, 2026.

Ms. Nusrat Munshi purchased a total of 5,000 shares on July 24, 2026, at a rate of Rs. 41.15 per share. The acquisition was executed in the Central Depository Company (CDC) format and conducted in the ready market category. This transaction will be reviewed in an upcoming board meeting, where any potential non-compliance issues will be addressed as stipulated in clause No. 5.6.1.(d) of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure of interest by directors, executives, and substantial shareholders is a crucial compliance measure, ensuring transparency and accountability within listed companies. Such disclosures are instrumental in maintaining investor confidence and market integrity.

Askari General Insurance Co. Ltd. has pledged to present the transaction details, along with any non-compliance concerns, during the next board meeting, to ensure full compliance with PSX regulations.