Asia Insurance Announces PKR 269.9M Rights Issue
Summary
Asia Insurance plans a Rs 269.9M Rights Issue to boost capital to Rs 1B, meeting regulatory requirements.
Kind of disclosure: Other
Read the original filingKey facts
- Rights Issue announced
- Rs 269.9M
- Price per share set
- Rs 10
- Regulatory approvals needed
- SECP and PSX
- Board meeting date
- 2026-10-23
- Risk of under-subscription
- Potential impact on capital raising
Asia Insurance Company Limited (ASIC) on Nafa
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More ASIC announcements
- NoticeNotice of Closure of Share Transfer Books For Right Issue
- Material informationAsia Insurance Announces PKR 269.9M Rights IssueAsia Insurance Company Limited announces a rights issue to raise Rs 269.9M, representing 36.97% of existing capital, to strengthen its capital base and meet regulatory requirements.
- Material informationNotice of Book Closure for Right SharesAsia Insurance announces book closure on Nov 19, 2026, for right shares at Rs 10 each, representing 36.97% of existing capital.
- NoticeAsia Insurance Company Limited Final Offer Document - Right Issue
- NoticeTransmission of Quarterly Report for the Period Ended 30 September 2026
- NoticeRight Shares Offer Document - DRAFT
Source: Asia 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.