Karachi: EFU General Insurance Limited has disclosed a recent transaction involving the sale of shares by one of its board members, as per the regulations set forth by the Pakistan Stock Exchange (PSX).
The report, dated October 21, 2026, details that Saifuddin N. Zoomkawala, a non-executive director at EFU General Insurance, executed a sale of 25,000 shares on October 13, 2026. Each share was sold for a rate of 120.98 Pakistani Rupees. Following this transaction, the cumulative number of shares held by the director stands at 185,000, representing a cumulative percentage of 0.09% of the company's total shares. The transaction was conducted through Central Depository Company (CDC) in the ready market.
According to information available from the Pakistan Stock Exchange (PSX), this disclosure is in compliance with section 5.6.1.(d) of the PSX regulations, which mandates the reporting of share transactions by company directors and substantial shareholders.
The designated market category where this transaction took place reflects the ongoing regulatory framework ensuring transparency and accountability in financial dealings of listed companies in Pakistan.