Karachi: Recent transactions involving Service Industries Limited have captured the attention of market analysts as a substantial shareholder engaged in notable share sell-offs. The transactions, disclosed under Pakistan Stock Exchange (PSX) Regulation 5.6.4, highlight activity by CDC - Trustee National Investment (Unit) Trust, a substantial shareholder in the company.
According to the disclosure dated July 1, 2026, the National Investment (Unit) Trust conducted two separate selling transactions. The first transaction occurred on June 24, 2026, involving the sale of 90 shares at a rate of 2,398.00 per share. The second transaction took place on June 29, 2026, with 7,500 shares sold at a rate of 2,445.00 per share.
According to information available from the Pakistan Stock Exchange (PSX), these transactions adjusted the cumulative number of shares held by the substantial shareholder to 4.72 million, representing a cumulative percentage of 10.05%. The designated market category for these transactions is the Ready market.
While the number of shares sold in these transactions may appear modest in isolation, the cumulative impact on the shareholder's position is noteworthy. The series of sales reflects a minor move in percentage held, with the cumulative percentage moving from 10.06% to 10.05%. This activity is part of the ongoing adjustments and rebalancing of portfolios by substantial shareholders in the company.