Karachi, In an official announcement, EFU Life Assurance Limited has disclosed that a meeting of the Board of Directors is scheduled to take place on September 28, 2023, in Karachi. The primary agenda of this meeting, however, pertains to matters other than the company's financial results.

In compliance with regulation No. 5.6.l(d) of the PSX Regulations, EFU Life Assurance Limited has also declared that the 'Closed Period' for the company will commence from September 22, 2023, and extend through to September 28, 2023. During this closed period, no Director, CEO, or Executives of the company shall, in any manner, directly or indirectly, engage in the trading of shares of the company.

This move is in accordance with the regulatory guidelines set by the Pakistan Stock Exchange (PSX) to maintain transparency and ensure that all stakeholders are treated fairly. The closed period is aimed at preventing any insider trading or information leakage that could potentially affect the stock price or investor confidence.

The forthcoming board meeting will provide an opportunity for the company's leadership to deliberate on strategic initiatives and key decisions that may impact EFU Life Assurance Limited and its stakeholders. Further details about the matters to be discussed during the meeting have not been disclosed at this time.

EFU Life Assurance Limited remains committed to upholding corporate governance standards and adhering to regulatory requirements while fostering trust and confidence among its shareholders, investors, and the broader financial community.