Karachi: S.G. Power Limited has announced the sale of shares by its Chief Executive and Director, Mr. Sohail Ahmed, as per a statement released by the company. The transactions, executed on May 21, 2025, involved the sale of a total of 7,000 shares.
According to the details provided, Mr. Ahmed sold 4,000 shares at a rate of Rs. 7.90 per share, and an additional 3,000 shares at a rate of Rs. 7.65 per share. Both transactions were executed in the Central Depository Company (CDC) form.
The company has confirmed that these transactions will be presented in the subsequent Board meeting for consideration, as stipulated under clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations. According to information available from the Pakistan Stock Exchange (PSX), this disclosure is part of the compliance measures required for transparency in trading activities by company directors.
S.G. Power Limited operates within the designated market category of power generation and distribution, maintaining a focus on regulatory adherence and corporate governance in its operations.