Karachi: National Foods Limited has disclosed a recent transaction involving the sale of company shares by an executive, according to a notice dated December 18, 2025. The disclosure, made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, details the activities of directors, executives, and substantial shareholders within the company.
The transaction was executed by Azeem Iqbal, an executive of National Foods Limited, who sold 500 shares at a rate of 392.000 per share on December 16, 2025. The cumulative number of shares held by the executive after the transaction remains unchanged at 0.00%. According to information available from the Pakistan Stock Exchange (PSX), this indicates no change in the executive's overall shareholding percentage in the company.
Per the regulatory requirements, the transaction details will be presented by the Company Secretary at the subsequent Board of Directors meeting. Furthermore, the company is obliged to update the requisite details in the Unique Identification Number (UIN) Management System immediately.
To comply with the Securities Act, 2015, National Foods Limited is also required to ensure that any share transactions by its directors, CEO, or executives outside the holding period of six months are properly documented and reported. Additionally, no such transactions are permitted during closed periods, safeguarding against potential conflicts of interest.
This disclosure falls under the designated market category of significant shareholder transactions, highlighting the importance of transparency and regulatory compliance in maintaining market integrity.