Karachi: Sakrand Sugar Mills Limited disclosed a recent transaction made by its Chief Financial Officer, Syed Zameer Haider Jaffri, on September 23, 2026. According to information available from the Pakistan Stock Exchange (PSX), the transaction involved the purchase of 500 shares at a rate of 24.88. This acquisition marks a cumulative ownership of 500 shares by Mr. Jaffri, translating to a cumulative percentage of 0.00001% of the company’s total shares.
The company has confirmed that these transactions will be discussed in the upcoming board meeting. Furthermore, it was noted that the holding period for these transactions exceeds six months. In circumstances where the holding period is less than six months, any profit generated would require a cheque to be deposited with the Securities and Exchange Commission of Pakistan (SECP), per Section 105 of the Securities Act, 2015, with notification to PSX.
The company also clarified that no other Director, CEO, or Executive engaged in any transactions involving the company’s shares during the closed period.