S.G. Power Limited Director Sells Shares

Karachi: S.G. Power Limited has disclosed that its Chief Executive and Director, Mr. Sohail Ahmed, executed a transaction involving the sale of company shares on September 18, 2024. The sale involved 1,000 shares through the Central Depository Company (CDC).

According to information available from the Pakistan Stock Exchange (PSX), the shares were sold at varying rates. The specific details of the transaction include the nature of the sale, which was carried out via the CDC, underscoring a direct method of share transfer within the established regulatory framework.

This transaction is set to be reviewed in the subsequent meeting of the Board of Directors as mandated under clause 5.6.1 of PSX Regulations. This oversight ensures that all transactions are in compliance with the regulatory requirements and maintain transparency in directorial dealings within the company.