Karachi: Waves Home Appliances Limited has seen significant trading activity from its substantial shareholder, Waves Corporation Limited, as detailed in a disclosure of interest report dated October 2, 2026. The substantial shareholder carried out a series of transactions affecting its stake in the company.

According to the report, on September 25, 2026, Waves Corporation Limited executed a series of trades. Initially, it purchased 2.60 million shares at a rate of 8.23 per share in the futures market. This purchase increased its cumulative shareholding to 94.60 million shares, representing a cumulative percentage of 35.31%.

On the same day, Waves Corporation Limited proceeded to sell 1.10 million shares at a rate of 8.15 per share, followed by another sale of 1.50 million shares at a rate of 8.13 per share in the ready market. These sales reduced the cumulative shareholding to 92.00 million shares, marking a cumulative percentage of 34.34%.

Further activity took place on September 29, 2026, when Waves Corporation Limited purchased 14.15 million shares at the rate of 8.17 per share through the Negotiated Deal Market (NDM). This purchase raised its cumulative shareholding to 106.15 million shares, altering the cumulative percentage to 39.62%.

On the same day, Waves Corporation Limited sold 14.15 million shares at a rate of 8.10 per share in the ready market, bringing the shareholding back to 92.00 million shares with a cumulative percentage of 34.34%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions have resulted in a very large or significant move in the company's shareholding pattern, as each buy and sell activity by the substantial shareholder has been substantial.

The designated market category for these transactions includes both the futures and ready markets, along with trades conducted in the Negotiated Deal Market.