Karachi: Gharibwal Cement Limited has announced a notable transaction executed by its Executive Director, Muhammad Tousif Peracha, involving the purchase of company shares. This disclosure is in compliance with the Pakistan Stock Exchange’s (PSX) Regulation 5.6.4, dated March 30, 2026.
According to information available from the Pakistan Stock Exchange (PSX), Muhammad Tousif Peracha, in his capacity as the Executive Director of Gharibwal Cement Limited, executed a transaction in the ready market on March 27, 2026. Peracha purchased 23,562 shares of the company. The cumulative rate for these shares stood at 41.07227040664, reflecting a cumulative shareholding percentage of 56.72.
The transaction represents a big move in terms of shareholding percentage, emphasizing the strategic decisions being undertaken by the company’s leadership. The role of executive directors in such transactions often indicates confidence in the company’s future prospects and performance.
Gharibwal Cement Limited operates within the designated market category of the Pakistan Stock Exchange, and such disclosures are integral to maintaining transparency and investor confidence in the market.