Lahore: Packages Limited has disclosed a significant transaction executed by its Executive Director, Syed Hyder Ali, involving the purchase of additional shares in the company. This disclosure, as required under Pakistan Stock Exchange (PSX) Regulation 5.6.4, provides insight into the shareholding activities of key figures within the company.

According to the information released by Packages Limited, Syed Hyder Ali executed a share transaction dated May 12, 2025. The transaction involved the acquisition of 3,739 shares at a rate of 509.70 per share. This purchase was conducted in the ready market and resulted in an increase in Syed Hyder Ali's cumulative shareholding to 4,929,972 shares, representing a cumulative percentage of 5.52 in the company's total shares.

The disclosure of such transactions is mandated under PSX regulations to ensure transparency and inform stakeholders of the trading activities by directors, executives, and substantial shareholders. According to information available from the Pakistan Stock Exchange (PSX), the market category for Packages Limited is designated as a ready market.

This transaction highlights the ongoing investment activities by senior management within Packages Limited, a leading entity in its sector. The strategic acquisition by Syed Hyder Ali may be perceived as an expression of confidence in the company's future performance and growth prospects.