EFU Life allots 592,686 unsubscribed right-issue shares
Rights / BonusEFU Life Assurance’s board approved allotment of the unsubscribed portion of its ongoing right issue: 592,686 ordinary shares at Rs. 10 per share, for aggregate subscription proceeds of Rs. 5,926,860. The shares were allotted to the persons listed in the announcement. The company said an auditor’s certificate confirming receipt of the full amount would be sent to the Exchange in due course.
Key Findings
- The board approved allotment of 592,686 ordinary shares at Rs. 10 each.
- The aggregate subscription amount is Rs. 5,926,860.
- The shares were allotted among 13 named persons; an auditor’s certificate confirming receipt of the full amount is to be communicated to the Exchange.
Corporate Action Details
Action
Allotment of unsubscribed portion of right issue: 592,686 ordinary shares at Rs. 10 per share
Issue price
PKR 10 / share
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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.
