EFU Life Assurance Limited has provided an update on the subscription status for its right shares issue. The company reported a strong subscription response, with nearly all shares being taken up.
- Total issue size was PKR 450,000,000.
- Subscription received amounted to PKR 444,088,063, representing 98.69% of the total.
- Unsubscribed portion stands at PKR 5,911,937, which is 1.31% of the total issue.
- The Board of Directors will decide on the allotment of the unsubscribed portion in accordance with the Companies Act, 2017.
- The last date for subscription was October 27, 2026.