Karachi: Askari General Insurance Co. Ltd has disclosed a significant share transaction involving one of its independent directors. According to a report dated July 17, 2026, Ms. Nusrat Munshi, who serves as an Independent Director at the company, has executed a share purchase on July 16, 2026.

Ms. Munshi acquired 5,000 shares of Askari General Insurance Co. Ltd at a rate of Rs. 41.51 per share. The transaction was carried out in the Central Depository Company (CDC) format within the ready market segment. The company has indicated that this transaction will be reviewed in the forthcoming board meeting, where any non-compliance issues, if existing, will be highlighted as per clause No. 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), such transactions by directors and significant shareholders are required to be disclosed under regulatory mandates to ensure transparency and market integrity. The company has assured that the market participants will be duly informed of any developments arising from this transaction.

This event falls under the designated market category of disclosure of interest by directors, CEO, or executive and their spouses and substantial shareholders as per PSX regulations. The company's commitment to regulatory compliance underscores its adherence to corporate governance standards.