Karachi: Crescent Star Insurance Limited has announced the completion of its process to dispatch letters of rights to its shareholders. These letters relate to a 38% right issue by the company, as part of its latest financial strategy.
On January 21, 2026, the company credited the unpaid rights offer letters into the Central Depository Company (CDC) accounts of the shareholders. Subsequently, on January 23, 2026, physical Letters of Rights were dispatched to all entitled shareholders through registered post to their registered addresses. This initiative is a significant step in ensuring all stakeholders are informed and able to participate in the rights issue.
According to information available from the Pakistan Stock Exchange (PSX), the last date for payments or renunciation concerning the Letter of Rights has been set for February 13, 2026. The company’s decision to execute this rights issue comes as it seeks to bolster its capital structure and enhance its financial standing in the insurance market sector.
The designated market category remains focused on providing all eligible shareholders the opportunity to participate in this financial endeavor, thereby potentially increasing their equity holdings within Crescent Star Insurance Limited. The rights issue reflects the company’s ongoing commitment to its growth and development objectives.