Karachi: Adamjee Life Assurance Company Limited, in a recent meeting of its board of directors, announced the approval of interim bonus shares aimed at enhancing shareholder value. The meeting, which took place on July 4, 2025, concluded with resolutions to issue bonus shares in the ratio of five shares for every 100 shares held.

The resolution passed by the board specifies that the bonus shares will have equal rights as the existing shares in all aspects. This move by Adamjee Life Assurance is categorized as a Minor move, reflecting a steady approach to shareholder returns. The board also empowered the Chief Executive Officer or the Company Secretary to undertake all necessary actions for the allotment of these bonus shares, ensuring a smooth process for stakeholders.

According to information available from the Pakistan Stock Exchange (PSX), the announcement aligns with Adamjee Life Assurance's consistent efforts to maintain shareholder confidence and drive growth in the insurance sector. The authorization extends to the Company Secretary to issue certified true copies of the board resolution, further facilitating transparency and compliance.

This strategic decision by Adamjee Life Assurance underscores its commitment to delivering tangible benefits to its investors while maintaining alignment with market expectations within the designated market category.