Karachi: Askari General Insurance Company Limited has announced the closure of its Share Transfer Books to facilitate the entitlement of right shares, scheduled for November 6, 2025. This development follows the company's earlier announcement on October 2, 2025, concerning the issuance of right shares.

According to the company's official notice, transfers must be received in good order by the Share Registrar, THK Associates (Pvt.) Ltd., located at Plot No. 32-C, Jami Commercial Street 2, D.H.A Phase VII, Karachi-75500, Pakistan, by the close of business on November 5, 2025, to be eligible for the right shares. The designated market category for this announcement is the issuance of right shares.

The shareholders are entitled to 40.00% Right Shares, which equates to approximately 40.00 shares for every 100 shares held. The price for these shares has been set at Rs. 32 per share, inclusive of a premium of Rs. 22 per share. This notice will be published in both English and Urdu newspapers on October 29, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the company's compliance with Clause 5.6.9(b) of the Rule Book of the Exchange has been noted. The PSX has been duly informed to notify the TREC Holders of the Exchange regarding this book closure.