Karachi: Waves Home Appliances Limited, formerly known as Samin Textiles Limited, has reported a series of notable share transactions involving its Executive Director, Haroon Ahmad Khan. The transactions were disclosed in compliance with the Pakistan Stock Exchange (PSX) Regulation 6.4, which mandates the disclosure of interest by relevant persons holding company shares.

On January 15, 2025, Haroon Ahmad Khan executed a "Gift Out" transaction, transferring 2,000,000 shares at a rate of 0.00 through the Central Depository Company (CDC). This transaction brought his cumulative shareholding to 19,708,977 shares, representing a 7.35% stake in the company.

Subsequently, on June 4, 2025, Khan undertook two additional transactions. Initially, he sold 1,450,000 shares at a rate of 9.37 through the Negotiated Deal Market (NDM), reducing his cumulative shareholding to 18,258,977 shares, equivalent to a 6.81% stake. On the same day, he repurchased 1,450,000 shares at the same rate of 9.37 through the Futures market, restoring his cumulative shareholding to 19,708,977 shares, which once again equates to a 7.35% stake.

According to information available from the Pakistan Stock Exchange (PSX), these transactions were carried out in compliance with the designated market category, reflecting the company's adherence to regulatory requirements. The transactions highlight the strategic shareholding adjustments by the executive director while maintaining significant ownership within the company.