Karachi: Frontier Ceramics Limited has reported a significant transaction involving one of its substantial shareholders. On May 27, 2025, Sana Khalid, identified as a substantial shareholder, executed a notable acquisition of shares, according to the company’s latest disclosure.
The transaction was disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the reporting of share dealings by directors, executives, and substantial shareholders, including their immediate family members. Sana Khalid purchased 984 shares in the ready market at a rate of 33.18 per share. This purchase brings her cumulative holding to 6,915,174 shares, representing an 18.26% stake in the company.
According to information available from the Pakistan Stock Exchange (PSX), the transaction emphasizes the active participation and interest of substantial shareholders in the company's equity. Such transactions are closely monitored under PSX regulations to ensure transparency and compliance with market rules.
The designated market category for this disclosure is the ready market, where shares are traded for immediate delivery and payment. Such transactions are vital for stakeholders to track as they reflect the investment strategies and confidence levels of key shareholders in the business's future prospects.