Karachi: Hascol Petroleum Limited has disclosed a share transaction executed by an independent director, as per the regulations of the Pakistan Stock Exchange (PSX). The details of the transaction were made public under PSX Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding company shares.
According to the disclosure, Rasul Bux Phulpoto, an independent director of Hascol Petroleum Limited, engaged in a share transaction on May 26, 2025. The transaction involved the purchase of 50 shares at a rate of 10.13 per share. The shares were acquired in the CDC Ready market category.
The cumulative number of shares held by Phulpoto after this transaction stands at 50, constituting a cumulative percentage of 0.00% of the company's total shares. This transaction was executed as part of the routine financial activities of directors and executives within the company.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency in the trading activities of company insiders, ensuring that all stakeholders are adequately informed about potential conflicts of interest.
Hascol Petroleum Limited continues to adhere to the regulatory requirements set forth by the PSX, ensuring all relevant transactions are disclosed in accordance with established guidelines.