Karachi: Arif Habib Corporation Limited (AHCL) has disclosed a notable transaction executed by one of its directors, Mr. Asadullah Khawaja, in line with regulatory requirements. According to a report dated July 29, 2026, Mr. Khawaja has bought shares in the company, with the transaction details made available as per the stipulations of clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.
On July 24, 2026, Mr. Khawaja purchased 650,000 shares of AHCL at an average rate of Rs. 14.72 per share. This purchase increased his cumulative shareholding to 1,710,060 shares, representing a cumulative percentage of 0.04%. This transaction is classified as a very large or significant move due to the volume of shares acquired.
According to information available from the Pakistan Stock Exchange (PSX), such transactions are required to be presented in the subsequent board meeting for the board's information. This step is part of a compliance requirement under the PSX Regulations to ensure transparency and accountability in corporate governance.
The disclosure of Mr. Khawaja's transaction is expected to be a point of discussion in the forthcoming board meeting, fulfilling the obligations to keep the board informed as mandated by the PSX. The company has confirmed that this information has been recorded and communicated for official purposes as required by the regulatory framework.