📄 Material News · AGIC Askari General Insurance Company Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) for the transfer of 51% shareholding from Army Welfare Trust to Fauji Foundation.
- The transfer involves a significant change in control of the company.
- SECP approval letter dated July 23, 2026, confirms the transaction is subject to necessary regulatory conditions.
- This move aligns with the ongoing restructuring efforts within the company.
- The approval is a crucial step towards enhancing operational capabilities and governance.
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)