Islamabad: Shifa International Hospitals Ltd. announced a notable transaction involving one of its independent directors, Mohammad Salim Khan. The disclosure, required under section 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, was made public as part of the company's transparency obligations to its shareholders and market participants.
According to the information, Mohammad Salim Khan, an independent director at Shifa International Hospitals, executed a sale of 500 shares in the company. The transaction was completed on May 6, 2025, at a rate of 409.00 per share. Following this sale, Khan's cumulative shareholding stands at 116,968 shares, representing a 0.19% stake in the company's total share capital.
The transaction was carried out through the Central Depository Company (CDC), a common practice for handling electronic securities in Pakistan. The sale reflects the director's decision to adjust his investment in the hospital group, which operates in the healthcare sector.
According to information available from the Pakistan Stock Exchange (PSX), disclosures of this nature are essential for maintaining transparency in market dealings and ensuring that market participants have access to relevant information regarding trades by insiders or significant shareholders.
The company has communicated these details to the TRE Certificate Holders of the Exchange. The designated market category for Shifa International Hospitals Ltd. remains unchanged as the company continues its operations in the healthcare industry.