⚡ Flash Summary

Askari General Insurance Company Limited (AGIC) announced the crediting of unpaid rights into respective accounts within the Central Depository System (CDS) as of November 7, 2025. This follows their rights shares announcement on October 2, 2025. The Central Depository Company of Pakistan Limited (CDC) confirmed the allotment of 28,404,033 securities of AGIC. The notice confirms that the unpaid rights related to these shares have now been deposited into the CDS, completing the process for investors who were entitled to the rights issue.

📌 Key Takeaways

• ✅ AGIC announces crediting of unpaid rights into CDS accounts.
• 🗓️ Effective date: November 7, 2025.
• 📢 Follows the rights shares announcement from October 2, 2025.
• 🏦 CDC confirms allotment of 28,404,033 securities of AGIC.
• 🔒 Unpaid rights are now deposited into respective accounts in CDS.
• ✉️ CDC Letter No. OPS/CA/RI/001 confirms the deposit.
• 🤝 Process completed for investors entitled to the rights issue.
• 🏢 Announcement made by Waqas Ali, Company Secretary of AGIC.
• 📍 Addressed to The General Manager, Pakistan Stock Exchange Limited.
• 🏢 CDC Head Office: Karachi.
• 🌐 CDC URL: www.cdcpakistan.com.
• 📞 CDC Helpline: (92-21) 111-111-500.

🎯 Investment Thesis

HOLD. The announcement confirms procedural progress on the rights issue. A more comprehensive assessment of AGIC’s financials and strategic direction is required to make a BUY or SELL decision. The current announcement is not sufficient to change the recommendation. The price target will depend on a thorough valuation analysis.