📄 Material News · AGIC Askari General Insurance Company Limited has announced the transfer of 51% of its shares from Army Welfare Trust (AWT) to Fauji Foundation (FF). This transaction was executed on August 28, 2026, and involves 51,337,953 ordinary shares, representing the majority stake in the company.
- The transfer was conducted at carrying cost, with no change in the ultimate beneficial or economic control of the company.
- The transaction does not involve any acquisition, merger, or significant change in market competition.
- Previous disclosures regarding this transfer were made on July 8, July 17, and July 24, 2026.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)