Karachi: In a significant transaction reported on June 29, 2026, Pak Datacom Ltd. disclosed that Muhammad Waheed, a non-executive director, sold a substantial number of shares in two separate transactions. The sales were conducted through the Central Depository Company (CDC) in the Pakistan Stock Exchange (PSX) market.

In the first transaction, Waheed sold 12,280 shares at a rate of 134.90 per share, resulting in a cumulative shareholding of 160,220 shares, representing 1.35% of the company's total shares. The transaction occurred on June 23, 2026.

The second transaction involved the sale of 51,321 shares at a rate of 132.07 per share, reducing Waheed's cumulative shareholding to 108,899 shares, equivalent to 0.92% of the total. This transaction took place on June 24, 2026.

The cumulative percentage of shares held by Waheed saw a moderate move, as evidenced by the decline from 1.35% to 0.92%. According to information available from the Pakistan Stock Exchange (PSX), such transactions are subject to regulations that mandate disclosure to ensure transparency and accountability in market dealings.

These transactions are part of the designated market category, reflecting the structured regulatory environment governing shareholdings and market operations within the PSX.