Karachi: In a recent disclosure made by Oilboy Energy Limited, a significant transaction involving company shares has been executed by an executive, raising questions about compliance with the regulations set by the Pakistan Stock Exchange (PSX). The disclosure, dated December 29, 2025, concerns the sale of shares by Mr. Khawaja Usman Arif, an executive at Oilboy Energy Limited.

According to the details provided, Mr. Arif sold 207,000 shares of the company on December 18, 2025. The shares were sold at a rate of 11.91 per share, and the transaction was conducted in the Central Depository Company (CDC) in the ready market category.

The company has assured that this transaction will be presented at the subsequent board meeting, where any possible non-compliance with PSX regulations will be highlighted. The relevant clause for this disclosure is clause No. 5.6.4 of the PSX Regulations, which mandates such transactions to be reported and considered appropriately.

According to information available from the Pakistan Stock Exchange (PSX), the transaction details must be disseminated to market participants to ensure transparency. This requirement aims to maintain investor confidence and uphold the integrity of the trading environment.

The transaction, which involves a substantial number of shares, is a focal point for scrutiny by the board and market participants alike, as it could have various implications for the governance and regulatory adherence of Oilboy Energy Limited. The disclosure further emphasizes the commitment of the company to comply with the necessary regulatory frameworks and keep all stakeholders informed.