Karachi: An executive director of Panther Tyres Ltd. has recently sold a significant number of shares in the company, as disclosed under the Pakistan Stock Exchange's (PSX) regulation 5.6.4. The transaction details were released in compliance with the requirement for relevant persons to declare their interests.

On June 13, 2025, Mian Faisal Iftikhar, an executive director of Panther Tyres Ltd., executed a sale of 4,601 shares at a rate of 40.50. This transaction left him with a cumulative holding of 26.50 million shares, representing 15.78% of the company's total shares.

Subsequently, on June 16, 2025, Iftikhar further sold 23,299 shares at a slightly lower rate of 40.32. Following this transaction, his cumulative shareholding stood at 26.48 million shares, equating to 15.76% of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), the sale of shares by Iftikhar was classified as a minor move in terms of percentage change in the company's shareholding structure.

These transactions reflect the executive director's decision to reduce his stake in the company, maintaining transparency in line with PSX regulations. The designated market category for these transactions was the ready market.