Karachi: Waves Home Appliances Limited, formerly known as Samin Textiles Limited, has reported a number of significant share transactions involving key stakeholders, according to a disclosure made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions include activities by directors, executives, substantial shareholders, and their immediate families.

On April 16, 2025, Haroon Ahmad Khan, an Executive Director at Waves Home Appliances Limited, executed a gift transaction of 1.50 million shares. This transaction did not involve any monetary exchange, as the shares were transferred at a rate of zero. Following this transaction, Khan holds a cumulative total of 21.71 million shares, representing 8.10% of the company's total shareholding.

In a separate series of transactions, Waves Corporation Limited, a substantial shareholder in the company, was active in the market on May 29, 2025. According to information available from the Pakistan Stock Exchange (PSX), Waves Corporation Limited executed a purchase of 3.83 million shares through the Negotiated Deal Market (NDM) at a rate of 8.88 per share. This acquisition brought their cumulative shareholding to 144.83 million shares, representing 54.06% of the company's total shares.

On the same day, Waves Corporation Limited also sold an identical number of 3.83 million shares in a futures transaction, also at a rate of 8.88 per share. This sale adjusted their cumulative shareholding to 141.00 million shares, amounting to 52.63% of the company's total shares.

These transactions are part of the regular disclosures required by the Pakistan Stock Exchange to maintain transparency and provide investors with information regarding significant changes in shareholdings by relevant persons within the designated market category.