Non-Executive Director of EFU Life Assurance Limited Sells Shares Amid Minor Stock Movement

Karachi: On June 5, 2026, EFU Life Assurance Limited disclosed a transaction involving its non-executive director, Saifuddin N. Zoomkawa1a, who executed a sale of company shares. This transaction was reported under the Pakistan Stock Exchange (PSX) Regulation 5.6.4 concerning the disclosure of interest by relevant persons holding company shares.

According to the company’s report, Zoomkawa1a sold 14,002 shares at a rate of 145.90 each. Following this transaction, his cumulative shareholding in the company stands at 400,000 shares, representing a 0.38% interest. The transaction was executed in the ready market on June 4, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the percentage change in Zoomkawa1a’s shareholding is classified as a minor move. This reflects a relatively small alteration in his overall stake in the company.

The transaction comes at a time when EFU Life Assurance Limited continues its operations within the market category designated to it by the PSX. The implications of this sale on the company’s market performance or strategic direction remain to be seen, as stakeholders evaluate the impact of such insider activities.