EFU Life Assurance Limited (EFUL)

EFU Life Assurance Limited has submitted its draft Right Issue Offer Document to the Pakistan Stock Exchange to issue 45,000,000 new ordinary shares at par value of PKR 10.00 each, aggregating to PKR 450 million (approx. 42.86% of existing paid-up capital). The primary purpose is to comply with the revised minimum capital requirements set by the SECP under S.R.O. 310(I)/2025 and strengthen the company's solvency position.

EFU Life Assurance Limited announced a right issue of 45,000,000 ordinary shares at a price of PKR 10 per share, in the proportion of approximately 42.857 shares for every 100 existing shares held. The primary purpose is to increase the paid-up capital to meet the revised Minimum Capital Requirement (MCR) of PKR 1,500,000,000 as per SECP insurance rules.

EFU Life Assurance Limited announced its financial results for the six-month period ended June 30, 2026, reporting a profit after tax of PKR 1,289.41 million (EPS: PKR 12.28) compared to PKR 1,216.81 million (EPS: PKR 11.59) in the same period last year. The board of directors also recommended an interim cash dividend of PKR 1.50 per share (15%) alongside a right share issue of approximately 42.857% at PKR 10 per share.