⚡ Flash Summary

Central Depository Company of Pakistan Limited (CDC) has announced the schedule for handling unpaid rights of Askari General Insurance Company Limited (AGICR2). The rights ratio is set at 40%. The schedule includes key dates for trading, deposit requests, subscription, and credit of shares against paid rights, all occurring in November and December 2025. Online payment guidelines are also provided to streamline the subscription process for IAS and Sub-Account Holders, ensuring a structured approach to managing these rights.

📌 Key Takeaways

• 🗓️ The announcement pertains to the schedule for handling unpaid rights of Askari General Insurance Company Limited (AGICR2).
• 🏦 Central Depository Company of Pakistan Limited (CDC) is managing the process.
• 📅 Key dates are defined for various activities related to unpaid rights in November and December 2025.
• 📈 The right ratio is specified as 40%.
• 🏦 Askari Bank Limited branches will handle physical applications for the rights issue.
• 💻 Online payment options are available with attached guidelines.
• 🗓️ Trading of unpaid rights commenced on Monday, November 10, 2025.
• 🗓️ The last date for initiating a deposit request is Thursday, November 13, 2025.
• 🗓️ Trading at the Stock Exchange concludes on Monday, November 24, 2025.
• 🗓️ The last date for initiating a pledge request is Wednesday, November 26, 2025.
• 🗓️ Subscription requests and payments are due by Monday, December 01, 2025.
• 🗓️ Pledge release and call must be completed by Monday, December 01, 2025.
• 🗓️ Tentative date for credit of shares against paid rights is Monday, December 15, 2025.
• 🌐 Online guidelines are available for IAS and Sub-Account holders for subscription and payment of rights.
• 📞 Customer Support Services can be contacted at 0800-CDCPL (23275) or via email at info@cdcpak.com for queries.

🎯 Investment Thesis

Given the procedural nature of the announcement and lacking financial data, a HOLD recommendation is appropriate. Investors should closely monitor AGIC’s financial performance and the success of the rights issue before making any investment decisions. The price target and time horizon will be determined once AGIC’s performance and rights issue results are available. Monitor subscription numbers, the market’s uptake, and any future strategic directions the rights issue will allow the company to pursue.