Askari Life seeks one-month extension to transmit third-quarter financial statements
Report TransmissionAskari Life Assurance Company Limited informed PSX on October 29, 2026 that it has applied to SECP for a one-month extension, until November 30, 2026, to obtain approval and transmit its third-quarter financial statements for the period ended September 30, 2026. The company cited post-acquisition governance transition and Board scheduling requirements following Fauji Foundation’s acquisition of a 51% shareholding.
Key Findings
- Askari Life applied to SECP for an extension until November 30, 2026 to approve and transmit its third-quarter statements for the period ended September 30, 2026.
- Fauji Foundation acquired a 51% shareholding from Army Welfare Trust on August 28, 2026, prompting post-acquisition formalities and Board composition changes.
- The company said it needs additional time to align Board and committee meetings with governance requirements and directors’ existing commitments.
- The Board meeting had initially been scheduled for October 23, 2026 and was to be rescheduled. The filing reports an extension request; it does not state that SECP approved it.
Filing Details
Report
Quarterly
Period ended
30/09/2026
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.