Director Sells Shares in S.G. Power Limited

Karachi: A significant sale of shares in S.G. Power Limited has been disclosed, involving Mr. Sohail Ahmed, the company's Chief Executive and Director. According to information provided by the company, Mr. Ahmed has sold 210,000 shares through the Central Depository Company (CDC) at varying rates. This transaction will be reviewed in an upcoming board meeting, as mandated by clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations.

The sale of these shares represents a significant move within the designated market category, reflecting the ongoing financial activities and management strategies within the company. The disclosure of such transactions is a standard procedure aimed at maintaining transparency and compliance with the regulatory framework established by the PSX.

According to information available from the Pakistan Stock Exchange (PSX), the presentation of this transaction in the board meeting will ensure that all regulatory obligations are met, providing stakeholders with a clear view of the company's governance practices. The review of this transaction will serve as a crucial step in the decision-making processes at S.G. Power Limited.