Karachi: In a recent transaction disclosure under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, Nabeel Anjum Malik, the Executive Director of the company, has increased his shareholding. According to the information released, Malik executed two separate transactions on July 31, 2025, in the ready market.
The transactions were conducted through the Central Depository Company (CDC) system. In the first transaction, Malik acquired 1,000 shares at a rate of 11.40 per share. The second transaction involved the purchase of 500 shares at a rate of 11.50 per share. These acquisitions have brought Malik's cumulative shareholding to 55,481 shares, maintaining his cumulative percentage at 0.06.
The exact nature of the transactions was recorded as purchases, reflecting Malik's increased investment in the company. According to information available from the Pakistan Stock Exchange (PSX), these transactions imply a continued confidence in the company's prospects by its executive leadership.
The designated market category for these transactions was the ready market, highlighting the immediate execution and settlement of the share purchases. The classification of these transactions is considered a Minor move in terms of percentage change in price, indicating a modest adjustment in the executive director's shareholding position.