Karachi: EFU Life Assurance Ltd. has made a significant announcement regarding the status of its Letter of Rights as a Central Depository System (CDS) eligible security, according to the Central Depository Company of Pakistan Limited (CDC). The declaration took effect on September 30, 2026, following a notice issued by CDC on September 29, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the Letter of Rights pertains to the offer of new securities through a rights issue to the holders of existing ordinary shares of EFU Life Assurance Ltd. The CDC notice, provided under Regulation 8AA.1.1 of its regulations, confirms that these Right Entitlements will be treated as Eligible Securities within the CDS framework.

The company is advised to comply with the procedural requirements established by CDC to ensure the seamless integration of these rights entitlements into the CDS. The adherence to these regulations is crucial for the operationalization of the rights issue as per the regulatory framework.

EFU Life Assurance Ltd. has been instructed to coordinate with the relevant company officials to facilitate the necessary arrangements for the induction of the rights into the Central Depository System. This development marks an important step in the company's securities management, aligning with regulatory standards set forth by the CDC.