Independent Director Acquires Shares in Askari General Insurance Co. Ltd

Karachi: Askari General Insurance Co. Ltd has disclosed a recent transaction involving the acquisition of its shares by Ms. Nusrat Munshi, an Independent Director. This transaction, executed on September 16, 2026, involved the purchase of 529 shares at a rate of 39.48 Pakistani Rupees per share.

The shares were acquired in the form of CDC ready market shares. This disclosure was made in accordance with the PSX regulations, specifically under section 5.6.1(D), which mandates the reporting of such transactions by directors, executives, and their spouses, as well as substantial shareholders.

According to information available from the Pakistan Stock Exchange (PSX), the transaction will be presented at the subsequent board meeting, where any potential non-compliance issues will be addressed as per the regulatory requirements. Market participants have been informed to ensure transparency and adherence to the established market norms.

Askari General Insurance Co. Ltd operates in the designated market category of insurance, and this transaction reflects the ongoing developments within the company as it navigates its regulatory and operational responsibilities.