Karachi: In a recent transaction disclosed under Pakistan Stock Exchange regulations, Muhammad Waheed, a non-executive director of Pak Datacom Ltd., executed a sale of company shares. The disclosure, made in accordance with PSX Regulation 5.6.4, outlines the specifics of the transaction carried out in June 2025.

On June 4, 2025, Waheed sold 5,000 shares at a rate of 313.01 per share, reducing his cumulative shareholding to 175,000 shares, or 1.48 percent of the company's shares. Subsequently, on June 10, 2025, Waheed sold an additional 2,500 shares at a rate of 378.86 per share. This transaction further decreased his cumulative holdings to 172,500 shares, representing 1.45 percent of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of routine disclosures required by regulatory standards for transparency and accountability in corporate governance. The designated market category for this disclosure is Pak Datacom Ltd.

The transactions reflect Waheed's decision to divest a portion of his shares, which may be of interest to investors and analysts monitoring the company's stock performance and insider trading activities. The disclosure underscores the importance of compliance with regulatory norms in maintaining market integrity.