Lahore: The Universal Insurance Company Limited has announced a one-day closure of its Share Transfer Books to determine the entitlement for right shares, as per a report dated November 11, 2026. This closure is scheduled for Wednesday, November 18, 2026, and is pertinent to the earlier announcement made by the company on October 22, 2026, regarding the issuance of right shares.
The company's Share Registrar, M/S Hameed Majeed Associates (Pvt) Ltd., located at H.M House, 7-Bank Square, Lahore, will receive transfers until the close of business on Tuesday, November 17, 2026. Those transfers received in good order by this deadline will be considered valid for the determination of the right shares entitlement.
According to information available from the Pakistan Stock Exchange (PSX), the announcement comes as part of the company's ongoing efforts to manage and facilitate the distribution of its right shares. The designated market category for this announcement remains focused on ensuring proper procedures and compliance with regulatory requirements.
The Universal Insurance Company Limited's decision to close the books for a single day underscores the company's commitment to maintaining accurate records and ensuring that all eligible shareholders are appropriately accounted for in the right shares distribution.