ISLAMABAD: EFU Life Assurance Ltd., one of the key players in the financial services sector, has announced the schedule for its Extraordinary General Meeting (EOGM), slated to take place on July 9, 2026, at 10:00 a.m. The meeting will be hosted at the ICAP Auditorium, located in the ICAP Office, Mauve Area, G10, Kashmir Highway, Service Road South, G-10/4 G-10, Islamabad. The agenda for this assembly is primarily focused on the election of ten directors, as prescribed by the company's Board, in compliance with the Companies Act, 2017.

The election process will determine the composition of the board for a three-year term starting July 10, 2026. The names of the directors who are retiring and are eligible for re-election include Mr. Rafique R. Bhimjee, Mr. Saifuddin N. Zoomkawala, Mr. Taher G. Sachak, Mr. Hasanali Abdullah, Mrs. Rukhsana Shah, Mr. Ruhail Muhammad, Mr. Ahsen Ahmed, Mr. Daanish Bhimjee, Mr. Asad Nasir, and Mr. Syed Saad Salman.

According to information available from the Pakistan Stock Exchange (PSX), EFU Life Assurance Ltd. has maintained a significant presence in the insurance market, contributing to the broader financial services sector. The upcoming election is anticipated to reaffirm the company's strategic direction and governance structure, as it continues to navigate the complexities of the evolving economic landscape.

The notice of the EOGM was dated June 17, 2026, and was distributed to shareholders in accordance with regulatory requirements. A statement under Section 166(3) of the Companies Act 2017, relating to the directors' election, is annexed with the notice, providing further details on the election process and candidate eligibility.