Lahore: In a recent transaction disclosed by Baba Farid Sugar Mills Limited, it has been reported that Mr. Khawaja Bilal Hussain, an Independent Director, has acquired shares in the company. This acquisition, which was officially dated June 24, 2026, involved the purchase of 600 shares executed on June 23, 2026.

According to the details provided, Mr. Hussain purchased the shares at a rate of Rs. 286 per share. The acquisition was executed in the physical form of share certificates, under the ready market category. According to information available from the Pakistan Stock Exchange (PSX), such transactions are to be presented at subsequent board meetings for consideration, with any non-compliance duly highlighted.

The company has confirmed that the holding period for these transactions exceeds six months. For transactions within a six-month period, the Securities Act, 2015 mandates that any profit must be deposited with the Securities and Exchange Commission of Pakistan (SECP), with notification given to the PSX.

This disclosure follows the regulatory requirements as stipulated under clause No. 5.6.1.(d) of the PSX Regulations, ensuring transparency and accountability in the trading activities of company executives and substantial shareholders.