Karachi: Saif Power Limited has reported a transaction involving the sale of shares by a Non-Executive Director, a disclosure mandated under PSX Regulation 5.6.4. The transaction was executed on August 18, 2025, and involved the sale of 11,232 shares by Mr. Osman Saifullah Khan, who holds the position of Non-Executive Director within the company.

The shares were sold in the ready market, and this sale represents a Big move in the context of Mr. Khan's cumulative shareholding. The transaction results in Mr. Khan's cumulative shareholding reaching 11.52 million shares, which equates to a 2.92% cumulative percentage of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), such transactions by directors, executives, or substantial shareholders, including their spouses and minors, are to be presented by the Company Secretary at the subsequent Board of Directors meeting. Furthermore, these transactions must adhere to specific holding periods to ensure compliance with the Securities Act, 2015.

It is imperative that the company updates the requisite details in the UIN Management System promptly. The designated market category for this transaction is the regulated equity market, which ensures transparency and adherence to financial regulations.