Crescent Star Insurance Limited Credits Right Shares Following 38% Issue

Karachi: Crescent Star Insurance Limited has announced the successful crediting of right shares into shareholders’ accounts following a 38% right issue, effective February 27, 2026. This update was published in both English and Urdu newspapers, ensuring widespread awareness among stakeholders.

The company has confirmed that the subscribed right shares have been duly credited into the respective Central Depository System (CDS) accounts maintained with the Central Depository Company of Pakistan Limited. Shareholders are advised to contact their brokers or relevant CDS participants for further information or clarification regarding their holdings.

According to information available from the Pakistan Stock Exchange (PSX), the crediting of these shares comes as part of Crescent Star Insurance Limited’s ongoing efforts to enhance shareholder value and streamline shareholding processes. This development has been communicated to the Trading Right Entitlement (TRE) Certificate Holders of the Exchange, underscoring the company’s commitment to transparency and shareholder engagement.

The company’s Chief Financial Officer and Company Secretary, Malik Mehdi Muhammad, has reiterated the importance of this notice and urged shareholders to ensure their account details are up-to-date for seamless transaction experiences.