Karachi: Shaheen Insurance Company Ltd announced a significant transfer of nominee bonus shares to the Shaheen Foundation, aligning with regulatory requirements. The disclosure, dated January 21, 2026, was made in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the reporting of certain transactions involving company directors, executives, and substantial shareholders.

The transfer involved several directors and nominee shareholders of Shaheen Insurance Company Ltd. Specifically, Mr. Junald Ahmed Siddiqui, Mr. M. Qaiser Janjua, Mr. Jehangir Shah, Air Cdre. Tauseef Sadlq (Retd.), Mr. Adeel Ali, Mr. Waseem Ahmed Khan, and Miss. Farah Azeem Khan participated in the transfer of their respective nominee bonus shares to Shaheen Foundation. According to information available from the Pakistan Stock Exchange (PSX), the shares were transferred in physical form with cumulative allocations as follows: 14 shares to folio number 2200, 18 shares to folio number 2199, 171 shares to folio number 2197, 51 shares each to folio numbers 2196, 2195, and 2194, and 138 shares to folio number 2193.

The transaction was executed in compliance with PSX Regulation 5.6.4, which relates to the reporting requirements for directors, executives, substantial shareholders, and their immediate family members concerning share transactions in the company. The detailed disclosure ensures transparency and adherence to regulatory standards set by the PSX.