Fauji Foundation Acquires 51% of Askari General Insurance
Summary
SECP approves Fauji Foundation's acquisition of 51% shareholding in Askari General Insurance, marking a significant control shift.
Kind of disclosure: Partnership/JV
Read the original filingKey facts
- Fauji Foundation acquires 51% of Askari General Insurance
- 51% shareholding
- SECP approval granted
- 23 July 2026
- Subject to further approvals
- Necessary for completion
Askari General Insurance Company Limited (AGIC) on Nafa
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Source: Askari General Insurance Company Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.