Director of Sakrand Sugar Mills Limited Sells Over 11 Million Shares

Karachi: Sakrand Sugar Mills Limited has disclosed significant share transactions executed by one of its directors, Dinshaw Hoshang Anklesaria. This disclosure aligns with the requirements set forth under clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.

According to the company's announcement dated July 22, 2026, Mr. Anklesaria sold a total of 11,152,878 shares at a rate of 20 per share on July 21, 2026. The transaction was executed in a physical form of share certificates, as confirmed by Sakrand Sugar Mills Limited.

The shares were sold in the open market, resulting in a cumulative holding of zero shares by Mr. Anklesaria, reflecting a cumulative percentage of 0.00%. According to information available from the Pakistan Stock Exchange (PSX), this transaction is categorized as a very large or significant move due to its scale and impact.

Sakrand Sugar Mills Limited has announced that these transactions will be discussed in the subsequent board meeting, adhering to the corporate governance and transparency standards expected of publicly listed companies.