EFU Life Assurance Limited Announces Director’s Sale of Company Shares

Karachi, EFU Life Assurance Limited has disclosed a significant transaction involving one of its directors. The company has officially revealed that Mr. Taher G. Sachak, a Non-Executive Director, executed a sale of company shares on September 12, 2023.

Details of the transaction are as follows:

Name of Person (Description): Taher G. Sachak (Non-Executive Director)

Date of Transaction: September 12, 2023

Nature of Transaction: SELL

Number of Shares: 349,865

Share Rate: 189.65 PKR

Form of Share Certificates: CDC

Market: NDM

Mr. Taher G. Sachak’s sale of 349,865 shares of EFU Life Assurance Limited at a rate of 189.65 PKR per share has drawn attention within the investment community. The disclosure is in line with regulatory requirements, ensuring transparency in corporate transactions involving company insiders and substantial shareholders.

This development underscores the dynamic nature of the financial industry and the ongoing activities of key stakeholders within EFU Life Assurance Limited. Investors and market analysts will closely monitor any potential implications of this share sale on the company’s performance and stock dynamics in the coming days.

The post EFU Life Assurance Limited Announces Director’s Sale of Company Shares appeared first on Pakistan Company News.

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