Karachi: EFU General Insurance Ltd has disclosed recent share transactions executed by its Independent Director, Yasmin Hyder, in accordance with the regulatory requirements set forth by the Pakistan Stock Exchange (PSX). The transactions, which took place in May 2025, have been duly reported for compliance and transparency.

On May 19, 2025, Yasmin Hyder purchased 353 shares at a rate of 119.00 each, bringing her cumulative shareholding to 91,353 shares, representing a 0.05% stake in the company. The following day, May 20, 2025, she acquired an additional 647 shares at the same rate, increasing her total holdings to 92,000 shares while maintaining the cumulative percentage at 0.05%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions will be reviewed in the upcoming board meeting. The review will include an assessment of any non-compliance with clause No. 5.6.4 of the PSX Regulations. EFU General Insurance Ltd has confirmed that the holding period for these transactions is over six months, as per the requirements. Should the holding period be less, any profit generated would be deposited with the Securities and Exchange Commission of Pakistan (SECP), in line with Section 105 of the Securities Act, 2015, and the PSX would be duly informed.

The transactions fall under the designated market category of the ready market. EFU General Insurance Ltd has reiterated its commitment to adhering to the regulatory framework governing such transactions and ensuring full compliance with the PSX regulations.