Karachi: In a recent corporate disclosure, S.G. Power Limited announced the sale of shares by Mr. Sohail Ahmed, an Executive Director of the company. The transaction, dated April 29, 2026, involved the sale of 20,000 shares at a rate of Rs. 64.00 per share. This sale has adjusted Mr. Ahmed’s cumulative shareholding in the company to 751,000 shares, representing 4.21% of the total equity.
The company has confirmed that this transaction will be submitted for review at the upcoming Board meeting, in compliance with clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations. According to information available from the Pakistan Stock Exchange (PSX), such transactions are subject to regulatory scrutiny to ensure transparency and adherence to market norms.
The sale, classified as a moderate move due to the percentage change of 4.21%, underscores the dynamic nature of stock ownership within S.G. Power Limited, a company that operates within the energy sector. As the details unfold, market participants will be closely monitoring any further disclosures or changes in executive shareholding that might impact the company’s standing in the designated market category.