Karachi: Crescent Star Insurance Limited reported a notable transaction involving the sale of shares in SG Power Limited, as per a recent announcement dated January 7, 2026.
The company disclosed that it executed the sale of 1.00 million shares of SG Power Limited on January 5, 2026. The shares were sold at a rate of 22.50 per share. Following this transaction, the cumulative number of shares held by Crescent Star Insurance Limited stands at 2,411,236, representing a shareholding percentage of 13.52%.
The transaction was conducted through the Central Depository Company (CDC) under the Negotiated Deal Market (NDM) category. According to information available from the Pakistan Stock Exchange (PSX), this sale marks a significant move in Crescent Star Insurance Limited's investment strategy concerning its holdings in SG Power Limited.
The designated market category for this transaction was miscellaneous, reflecting the diverse nature of the company's operations and investments. The 1.00 million shares sold represent a significant move in terms of volume and value, influencing the company's overall investment portfolio.
This transaction highlights Crescent Star Insurance Limited's strategic decision-making in managing its financial assets, with a continued focus on optimizing its investment returns through tactical market activities.