Karachi: The Pakistan Stock Exchange (PSX) has disclosed a significant transaction involving Adamjee Insurance Company Limited, as Security General Insurance Company Limited, a substantial shareholder, has acquired a considerable number of shares in the company. The transaction details were released as part of PSX Regulation 5.6.4, which mandates the disclosure of shareholding activities by directors, executives, and substantial shareholders, among others.

On July 17, 2025, Security General Insurance Company Limited executed a purchase of 2.95 million shares of Adamjee Insurance Company Limited at a rate of 73.02 per share. This acquisition has resulted in Security General Insurance Company's cumulative holdings reaching 37.19 million shares, representing 10.63 percent of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the nature of this transaction falls under the category of a Very large or significant move, reflecting the scale and impact of the share acquisition on the market. The designated market category for this transaction is 'Ready'.

The disclosure of this transaction underscores the requirement for transparency in shareholding activities and ensures that stakeholders are kept informed about significant movements within listed companies. The acquisition by Security General Insurance Company Limited marks a notable development in the shareholder dynamics of Adamjee Insurance Company Limited.