EFU Life reports 98.69% subscription of its PKR 450 million right-share issue
Rights / BonusEFU Life Assurance Limited reported that it received PKR 444,088,063 in subscriptions by October 27, 2026, against a right-share issue of PKR 450,000,000. The unsubscribed portion is PKR 5,911,937, or 1.31%, and will be offered and allotted by the Board in accordance with the Companies Act, 2017.
Key Findings
- Subscription received: PKR 444,088,063, representing 98.69% of the issue.
- Unsubscribed portion: PKR 5,911,937, representing 1.31%.
- The Board will decide the allotment of the unsubscribed portion; its decision and the auditors’ certificate will be communicated to the Exchange in due course.
Corporate Action Details
Action
Right shares subscription status
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
