Karachi: In a recent disclosure from EFU General Insurance Ltd, the company reported the execution of a share transaction by one of its independent directors. The announcement, dated August 17, 2026, detailed a purchase made by Yasmin Hyder, an independent director, involving 1,000 shares at a rate of 121.11 each. This transaction has increased her cumulative shareholding to 111,000 shares, representing 0.05% of the company.

This disclosure falls under the PSX regulations for the disclosure of interest by a director, CEO, or executive of a listed company and their spouses, as well as substantial shareholders. The company has confirmed that these transactions will be presented in the subsequent board meeting for further review.

According to information available from the Pakistan Stock Exchange (PSX), the nature of the transaction was categorized as a ready market trade. The transaction occurred on August 13, 2026, and was executed through the Central Depository Company (CDC) system.

The company further clarified that the holding period for this transaction exceeds six months. In compliance with the Securities Act, 2015, if the holding period were to be less than six months, any profit gained would require a cheque equivalent to the profit to be deposited with the Securities and Exchange Commission of Pakistan (SECP). This would be done under intimation to the PSX.

Notably, no other directors, CEOs, or executives have engaged in direct or indirect dealings in the company's shares during the closed period. The announcement underscores the company's adherence to regulatory requirements and transparency in its operations.