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This announcement involves the transfer of 51% shares of Askari Life Assurance Company Limited from Army Welfare Trust to Fauji Foundation, impacting control of the company.
The company informed the Pakistan Stock Exchange that it is not aware of any specific reason for the unusual movement in its share price.
Mr. Muhammad Noman Akhter has resigned from the Board of Directors of Askari Life Assurance Company Limited with immediate effect.
The Securities and Exchange Commission of Pakistan has approved the appointment of two new directors at Askari Life Assurance Company.
The company announced a video recording link for its Corporate Briefing Session (CBS) held on May 21, 2026. The briefing was previously announced through PUCARS post ID 277387 dated May 18, 2026.
Askari Life Assurance Company Limited has appointed Maj. Gen. Abid Latif Khan (Retd) as a director on its Board with immediate effect, subject to approval of the Securities and Exchange Commission of Pakistan. He replaces Mr. Rizwan Ullah Khan.
Askari Life Assurance Company Limited informed PSX that the presentation for its Corporate Briefing Session (CBS) will be presented on May 21, 2026 at 11:00 AM via Zoom, with the presentation link provided in the notice.
Askari Life Assurance Company Limited informed Pakistan Stock Exchange that a corporate briefing session notice is attached. The announcement is a briefing invitation/notice rather than a financial result or other material corporate action.
Reference
Askari Life Assurance Company Ltd (ALAC) is tracked on Investify with Pakistan Stock Exchange market data, price history, day range, 52-week range, fundamentals, technical indicators, company announcements and related PSX index context.
FAQ
Askari Life Assurance Company Ltd (ALAC) last traded at PKR 24.50. The price is down -1.09 (4.26%) from the previous close of PKR 25.59.
Askari Life Assurance Company Ltd trades on the Pakistan Stock Exchange under the ticker ALAC. On Investify, you can find this stock by searching for ALAC.
The day range for ALAC is PKR 23.65 to PKR 25.55, based on the latest available market data on this page.
The 52-week range for ALAC is PKR 6.80 to PKR 27.99.
ALAC volume is 104,111 shares in the latest live quote shown by Investify.
ALAC is shown in these PSX index groups on Investify: KSEALL.
Use the Fundamentals page to view available earnings, valuation, payout, dividend and financial ratio data for ALAC.
Open ALAC fundamentalsUse the Technicals page for a 32-indicator view of ALAC: an overall buy/sell consensus, oscillators like RSI, MACD and Stochastic, SMA and EMA levels, Bollinger Bands, volatility and volume studies, pivot points and trading ranges.
Open ALAC technicalsUse the Announcements page to review available PSX filings, notices and company announcements for ALAC.
Open ALAC announcementsInvestify is a Pakistan Stock Exchange data, watchlist and portfolio tracking app. Use your brokerage account to place real orders, and use Investify to track ALAC, record portfolio transactions and follow market data.
Askari Life Assurance Company Ltd (ALAC) is a Insurance company listed on the Pakistan Stock Exchange (PSX). This page tracks the live ALAC share price, day range and 52-week range, along with fundamentals, technical indicators, dividends, company announcements and the company profile for PSX investors.
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