Karachi: Jubilee Life Insurance Company Limited announced that it has successfully credited bonus shares into the accounts of its shareholders through the Central Depository System (CDS) of the Central Depository Company of Pakistan Limited (CDC). The company reported on September 3, 2026, that the bonus shares at a rate of 80% of 50% were deposited on September 2, 2026.

The remaining 10% or 20% of the withheld bonus shares are set to be credited into the respective CDC accounts or sub-accounts after the receipt of the applicable withholding tax. This process is in accordance with Section 236Z of the Income Tax Ordinance, 2001. Jubilee Life Insurance confirmed that these shares will be released and credited after September 14, 2026, once all requisite formalities are completed and the necessary tax amounts are received from the concerned shareholders.

According to information available from the Pakistan Stock Exchange (PSX), Jubilee Life Insurance is a prominent entity in the insurance market, actively engaged in facilitating shareholder interests through structured financial mechanisms and compliance with regulatory standards. The crediting of bonus shares is part of the company's ongoing efforts to enhance shareholder value and maintain transparency in its operations.

As the designated market category for this release, the insurance sector continues to demonstrate resilience and adaptability in meeting both regulatory requirements and shareholder expectations. The credit of bonus shares represents a significant operational milestone for Jubilee Life Insurance, illustrating its commitment to fulfilling shareholder entitlements efficiently.