02 Oct 2026
Change in the Board Askari Life Assurance Company Limited announced the resignation of three board directors (Maj Gen Syed Anis Akbar (Retd), Maj Gen Abid Latif Khan (Retd), and Malik Riffat Mehmood) with immediate effect, and the appointment of three new directors (Lt Gen Anwar Ali Hyder (Retd), Maj Gen Majid Jahangir (Retd), and Syed Bakhtiar Kazmi) subject to SECP approval. Material 01 Sep 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Army Welfare Trust, a substantial shareholder of Askari Life Assurance Company Limited, sold 76,587,727 shares at a rate of 7.71 on August 28, 2026, bringing their cumulative holding to 23,495,276 shares (15.65%). Insiders 01 Sep 2026
Material Information Askari Life Assurance Company Limited announced that the transfer of 51% shareholding (76,587,727 ordinary shares) from Army Welfare Trust (AWT) to Fauji Foundation (FF) has been executed on August 28, 2026. The company noted that this transaction does not result in any material alteration in the ultimate beneficial or economic control. Material 28 Aug 2026
Transmission of quarterly report for the half year ended 30.06.2026 Askari Life Assurance Company Limited reported a profit after tax of PKR 25.91 million for the half year ended June 30, 2026, compared to PKR 24.40 million in the same period last year. Gross premium revenue grew by 68.64% to PKR 2,276 million, and the company noted the initiation of the transfer of a 51% shareholding from Army Welfare Trust to Fauji Foundation. Financials 24 Aug 2026
Financial Results for the half year ended June 30, 2026 Askari Life Assurance Company Limited announced its financial results for the half year ended June 30, 2026, reporting a profit after tax of PKR 26.10 million compared to PKR 25.11 million in the same period last year. Net premium revenue rose significantly to PKR 2,100.64 million, and no dividend was recommended by the board. Financials 17 Aug 2026
Board Meeting Askari Life Assurance Company Limited has announced that a meeting of its Board of Directors will be held on August 24, 2026, to consider and approve the financial statements for the half year ended June 30, 2026. A closed period is in effect from August 18, 2026, to August 24, 2026. Meetings 24 Jul 2026
SECP approval/notification The Securities and Exchange Commission of Pakistan (SECP) has approved the transfer of 51% shareholding in Askari Life Assurance Company Limited from Army Welfare Trust to Fauji Foundation. This approval is subject to the fulfillment of all necessary internal and external regulatory requirements. OTHERS 21 Jul 2026
Appointment of Director OTHERS 17 Jul 2026
DISCLOSURE OF PRICE SENSITIVE INFORMATION Askari Life Assurance Company Limited has received confirmation from the Securities and Exchange Commission of Pakistan (SECP) that the proposed transfer of 51% shares and control of the company is exempt from the requirements of Part IX of the Securities Act, 2015 and the Takeover Regulations, 2017. Material 08 Jul 2026
Misc Info Askari Life Assurance Company Limited has announced the transfer of 51% of its shares from the Army Welfare Trust (AWT) to the Fauji Foundation (FF) at a cost of Rs 7.71 per share. The company states that this transaction does not constitute a change in control or merger, as both entities are under the same ultimate administrative and financial control. OTHERS 07 Jul 2026
Unusual Movement in Price of the shares of Askari Life Assurance Company Limited (the Company) Askari Life Assurance Company Limited has clarified that it is not aware of any specific reason or development that could have caused the recent unusual movement in its share price. OTHERS 06 Jul 2026
Resignation of Director OTHERS 11 Jun 2026
Approval of Appointment of Directors OTHERS 11 Jun 2026
Approval of Appointment of Directors Askari Life Assurance Company Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) for the appointment of Maj. Gen. Syed Anis Akbar (Retd.) and Maj. Gen. Muhammad Ahmed Malik (Retd.) as directors on its Board. Material 22 May 2026
Video recording of Corporate Briefing Session (CBS) Briefings 21 May 2026
APPOINTMENT OF DIRECTOR OTHERS 20 May 2026
Presentation of Corporate Briefing Session (CBS) Briefings 18 May 2026
CORPORATE BRIEFING SESSION Briefings 12 May 2026
RESIGNATION OF DIRECTOR OTHERS 12 May 2026
RESIGNATION OF DIRECTOR Askari Life Assurance Company Limited has announced the resignation of Mr. Rizwan Ullah Khan from its Board of Directors, effective immediately. The company intends to fill the resulting casual vacancy within the regulatory timeframe. Material 
