Karachi: In a series of stock market transactions, Naeem Ali Mohammad Munshi, a non-executive director at Macpac Films Limited, executed multiple sales of shares, resulting in a noticeable reduction of his holdings in the company. The transactions were disclosed under the Pakistan Stock Exchange's regulation 5.6.4, which mandates disclosure of interest by relevant persons holding company shares.
On July 17, 2025, Mr. Munshi sold 45,000 shares at a rate of 55.44, decreasing his cumulative shareholding to 8.96 million shares, representing 15.11% of the company's total shares. This initial sale marks a significant move in his portfolio management strategy.
The following day, July 18, 2025, he continued to offload his shares, selling an additional 15,000 at 57.17. Following this transaction, his holdings were further reduced to 8.94 million shares, accounting for 15.08% of the company's shares. This sale reflects a moderate move in his overall holding percentage.
On July 21, 2025, Mr. Munshi sold 5,000 shares at a rate of 55.00, further reducing his stake to 8.94 million shares, or 15.07% of the total. This transaction resulted in a minor move in his holding percentage.
The selling continued on July 22, 2025, with the offloading of 9,000 shares at 52.80. This sale brought his cumulative shareholding to approximately 8.93 million shares, reducing his stake to 15.06%. This transaction reflected a minor move.
Finally, on July 23, 2025, Mr. Munshi sold 26,000 shares at a rate of 51.36, which decreased his holdings to 8.90 million shares, representing 15.01% of the company's shares. This final transaction represents a moderate move in the reduction of his stake.
According to information available from the Pakistan Stock Exchange (PSX), these transactions were carried out in the ready market and involved shares held in Central Depository Company (CDC) format. As Mr. Munshi adjusts his investment position, the cumulative effect of these transactions on his shareholding in Macpac Films Limited is evident, reflecting strategic financial decisions in the context of prevailing market conditions.