Karachi: S.G. Power Limited has disclosed a significant transaction involving the sale of company shares by Mr. Sohail Ahmed, Chief Executive and Director. The sale, which took place on September 4, 2024, involved 5,530 shares through the Central Depository Company (CDC).

According to information available from the Pakistan Stock Exchange (PSX), this transaction will be reviewed in the upcoming Board meeting as per the requirements under clause 5.6.1 of the PSX Regulations. The specific details of the transaction note a varied rate for the shares sold, reflecting the dynamic pricing in the stock market at the time of sale.

This disclosure is part of the company’s commitment to transparency and adherence to regulatory standards, ensuring that all significant management transactions are reported and evaluated by the Board of Directors.