⚡ Flash Summary
Askari Life Assurance Company Limited announced a board of directors meeting scheduled for December 11, 2025, in Rawalpindi. The purpose of the meeting is to consider and approve the Business Plan and draft Budget for the year 2026. In compliance with PSX Regulations, any material information arising from the meeting will be disseminated accordingly. The company has also declared a closed period for trading of shares, spanning from December 4, 2025, to December 11, 2025, inclusive.
📌 Key Takeaways
- 📅 Board of Directors meeting on December 11, 2025, at 10:30 AM in Rawalpindi.
- 🏢 Meeting aims to approve the Business Plan and draft Budget for 2026.
- 📢 Material information from the meeting will be disseminated per PSX Regulations.
- 🔒 Closed period declared from December 4, 2025, to December 11, 2025.
- 🚫 During the closed period, no Director, CEO, or Executive can trade shares.
- 📜 Compliance with the Rule Book of the Pakistan Stock Exchange.
- 📍 Registered Office: 8th Floor, Army Welfare Trust, AWT Plaza, Rawalpindi.
- 📧 Company’s email: info@askarilife.com.
- 📞 Contact number: 021-111-225-275.
- 🌐 Company’s website: askarilife.com.
- 🏢 Head Office located in Emerald Tower, Karachi.
- 👤 Muhammad Nadeem Rajput is the Company Secretary.
- ✉️ Communication sent to the General Manager, Pakistan Stock Exchange Limited.
🎯 Investment Thesis
Given the limited information in the announcement, a HOLD recommendation is appropriate. The board’s decision on the 2026 budget and business plan will provide more concrete data for future investment decisions. A more informed stance can be taken once the outcomes of the board meeting are disclosed.
Disclaimer: AI-generated analysis. Not financial advice.