⚡ Flash Summary

Askari General Insurance Co. Ltd. will hold an emergent board meeting on December 10th, 2025, to address the allocation of unsubscribed right shares and approve the allotment of right shares as per the Companies Act, 2017. A closed period has been declared from December 8th to December 9th, 2025, during which directors and executives are prohibited from dealing in the company’s shares. This measure is in accordance with the regulations of the Pakistan Stock Exchange. The announcement was made on December 5th, 2025.

📌 Key Takeaways

• 🗓️ Emergent board meeting scheduled for December 10th, 2025.
• 📍 Meeting will be held in Rawalpindi at 10:30 am.
• 📝 Agenda includes allocation of unsubscribed right shares.
• ✅ Approval of right shares allotment is on the agenda.
• 📜 Compliance with Section 83(1)(a)(iv) of the Companies Act, 2017.
• 🔒 Closed period declared from December 8th to 9th, 2025.
• 🚫 Directors and executives restricted from trading shares during the closed period.
• 🇵🇰 Adherence to Rule 5.6.4 of the Pakistan Stock Exchange regulations.
• ✉️ TRE Certificate Holders of the Exchange to be informed accordingly.
• 🏢 Askari General Insurance Company Limited is the entity holding the meeting.

🎯 Investment Thesis

Given that the announcement does not contain enough information to make a Buy or Sell recommendation, a HOLD rating is appropriate. The focus is more on procedural matters regarding the allotment of right shares. Further financial information would be needed to change this recommendation.