Karachi: The Chairman of EFU General Insurance Ltd, Saifuddin N. Zoomkawala, has executed a transaction involving the sale of company shares, as disclosed in a report dated September 17, 2026. This report, filed under section 5.6.4 of the Pakistan Stock Exchange (PSX) regulations, outlines the recent trading activity by a key executive in the firm.

On September 16, 2026, Saifuddin N. Zoomkawala sold 14,000 shares at a rate of 129.88 per share. This transaction has adjusted his cumulative shareholding to 286,000 shares, representing a cumulative percentage of 0.14% of the company. The transaction details are set to be reviewed in the upcoming board meeting.

The report confirms that the holding period for these transactions exceeds six months. According to the Securities Act, 2015, if the holding period had been less than six months, any profits would have been deposited with the Securities and Exchange Commission of Pakistan (SECP) under intimation to PSX.

The company further clarified that no other directors, CEOs, or executives have engaged in direct or indirect dealings in the company's shares during the closed period. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandatory for upholding transparency within listed companies.

This development comes in the context of EFU General Insurance Ltd's adherence to regulatory compliance, ensuring that shareholders and potential investors are informed of significant transactions by individuals in positions of authority within the company. The company is categorized under the designated market category of insurance services.