Oct 13, 2026, 2:47 PM
EFU Life confirms Rs374.91 million received against rights issue subscriptions
Rights / BonusEFU Life Assurance Limited reported that Rs374,906,690 was received for 37,490,669 rights shares at Rs10 per share, representing 83.31% of the total rights issue. The subscription money was received from the company’s directors and substantial shareholder. The rights issue provides fresh capital but involves shareholder dilution.
Key Findings
- Rs374,906,690 was received against the rights issue.
- The amount represents subscriptions for 37,490,669 rights shares at Rs10 per share.
- Directors and a substantial shareholder subscribed for 83.31% of the total rights issue.
- The Board authorized a rights issue of Rs450 million at its meeting on August 21, 2026.
Corporate Action Details
Action
Rights issue subscription
Percentage
83.31%
Amount
PKR 10 / share
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.