Karachi: Gharibwal Cement Limited announced a significant transaction involving its Executive Director, Muhammad Tousif Peracha, on March 25, 2026. The disclosure, made under the Pakistan Stock Exchange’s Regulation 5.6.4, details the acquisition of company shares by a key executive.
According to the released information, Muhammad Tousif Peracha, serving as an Executive Director, executed a transaction on March 24, 2026, involving the purchase of 47,300 shares of Gharibwal Cement Limited. This transaction was conducted in the ready market, a segment categorized under the designated market category for such activities.
The cumulative shareholding percentage of Muhammad Tousif Peracha, following this acquisition, stands at 56.71%. According to information available from the Pakistan Stock Exchange (PSX), this transaction reflects a strategic move by the executive, as the cumulative rate of the shares is recorded at 41.54227007102.
This transaction underscores the ongoing investment activities by key personnel within Gharibwal Cement Limited, highlighting the executive’s confidence in the company’s performance and future prospects.