Karachi: Waves Home Appliances Limited, formerly known as Samin Textiles Limited, recently witnessed significant activity involving its shares by a key executive. According to official disclosures under Pakistan Stock Exchange (PSX) Regulation 5.6.4, Haroon Ahmad Khan, an Executive Director at the company, executed several transactions that have impacted the shareholding structure.
On June 27, 2025, Haroon Ahmad Khan initiated a purchase of 2.80 million shares at a rate of 9.42 per share, which increased his cumulative shareholding to 24.51 million shares, representing a cumulative percentage of 9.15%. On the same day, he sold an identical number of shares at a rate of 9.29 per share, reducing his share count to 21.71 million, marking a Moderate move in his shareholding to 8.10%.
Subsequently, on July 3, 2025, Khan further divested 3.01 million shares at a rate of 9.82 per share, bringing his total down to 16.70 million shares, a Big move bringing his cumulative percentage to 6.23%. However, the same day saw him replenish his holdings by purchasing the same number of shares at a slightly higher rate of 9.83 per share, increasing his holdings to 19.71 million shares, accounting for a cumulative percentage of 7.35%.
The most recent transaction occurred on July 16, 2025, when Khan transferred 2.00 million shares as a gift, recorded at a zero rate, which adjusted his shareholding to 17.71 million shares, a Moderate move altering his cumulative percentage to 6.61%.
According to information available from the Pakistan Stock Exchange (PSX), these transactions by a significant shareholder underscore the dynamic shifts within the company's stock holding pattern, reflective of strategic decisions by its executive leadership. Waves Home Appliances Limited is categorized under the home appliances market segment, where such transactions can influence investor perceptions and market dynamics.