Packages Limited Share Transactions Highlight Gift Exchange Between Executive and Foundation

Lahore: Packages Limited has disclosed significant share transactions involving a company executive and a substantial shareholder. According to a report dated August 18, 2026, Syed Babar Ali, an executive of the company, executed a transfer of shares described as a 'GIFT OUT'. The transaction, executed via Central Depository Company (CDC) in the Negotiated Deal Market (NDM) on August 17, 2026, involved a total of 28,444 shares. The shares were transferred at a rate of 0.00, indicating the nature of the transaction as a gift. This transfer resulted in a cumulative shareholding of 100 shares for Syed Babar Ali, with a cumulative percentage of 0.00%.

In another transaction on the same date, the Babar Ali Foundation, categorized as a substantial shareholder, executed a 'GIFT IN' transaction, acquiring the same number of 28,444 shares. The acquisition also took place through CDC in the NDM. As a result, the Babar Ali Foundation's cumulative shareholding increased to 10.80 million shares, representing a cumulative percentage of 12.08%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect the movement of shares within the company's executive and substantial shareholder circles. The PSX's disclosure regulations necessitate the reporting of such transactions to ensure transparency and compliance within the financial market.