EFU Life is registered and supervised by The Securities and Exchange Commission of Pakistan.
Sound financial management has been the hallmark of EFU Life’s operations. In line with the Code of Corporate Governance for Insurance Companies, EFU Life has established Board level committees for various key functions. In addition to external auditors, the Company has a fully functional Internal Audit Department headed by a qualified Chartered Accountant. EFU Life has also appointed an independent Actuary, who reviews and submits a ‘Financial Conditions Report’ on a regular basis to Regulators.
Yearly Earning per share as on 31st December 2016 Rs. 18.73
Price Earning ratio as on 31st December 2016 Rs. 11.50
Break up value per share as on 31st December 2016 Rs. 41.93
Free Float of Shares of Company
Free Float as on December 31, 2016 — 14,386,287
Name of Auditors of the Company
KPMG Taseer Hadi & Co. , Chartered Accountants
Name and Address of Share Registrar
Technology Trade (Pvt) Ltd.
Dagia House, 241-C, Block 2 Off. Shahra-e-Quaideen, Karachi
Phone No. 34391316-7, 34387960-61
Rating of Company
AA+ outlook Stable (JCR-VIS)
Online form / contact details of person designated for assisting and handling investor grievances http://www.secp.gov.pk/Complaint
Mr. S. Shahid Abbas
Chief Financial Officer & Corporate Secretary
At the Board Meeting held on February 14, 2017 the Directors have recommended the payment of Final Cash Dividend @ Rs.12/- per share i.e.120 % (in addition to interim cash dividends @ Rs.3 per share i.e. 30% already paid) to be paid to those shareholders whose names appear on the Shares Register of the Company at the close of business on April 7, 2017.
The Annual General Meeting was held on April 15, 2017. The Members approved the Boards proposal and declared the final cash dividend of Rs.12/- per share ( i.e. 120%) making the total distribution for the year to 150%. The dividend warrants for the final cash dividend @ Rs.12/- per share were dispatched to shareholders on April 17, 2017.