Karachi: In a series of transactions spanning four days, Mr. Muhammad Shahid Ali, the Chief Executive Officer and Director of Arif Habib Limited, has significantly increased his shareholding in the company. The disclosure, mandated under clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, was reported on October 2, 2026.

Mr. Ali's transactions, conducted in the ready market and documented in the Central Depository Company (CDC) form of share certificates, began on September 28, 2026. On that day, he acquired 311,231 shares at a rate of Rs. 104.99 each, bringing his cumulative shareholding to 2,837,416 shares, representing a 4.34% stake in the company.

The following day, September 29, 2026, Mr. Ali purchased an additional 64,170 shares at Rs. 107.52 per share. This transaction increased his total shareholding to 2,901,586 shares, or 4.44% of the company.

On September 30, 2026, he further acquired 33,100 shares at Rs. 108.23 each. This purchase raised his cumulative number of shares to 2,934,686, translating to a 4.49% ownership.

Mr. Ali concluded his series of acquisitions on October 1, 2026, by buying 35,492 shares at Rs. 111.67 per share. This brought his total shareholding to 2,970,178 shares, representing a 4.55% stake in Arif Habib Limited.

According to information available from the Pakistan Stock Exchange (PSX), Mr. Ali's transactions reflect a systematic approach to increasing his investment in the company. The transactions signify a steady and strategic accumulation of shares over the specified period, marked by a progressive increase in share price.

These transactions are part of the market's designated category of 'Disclosure of Interest by Relevant Persons holding Company's Shares,' ensuring transparency and compliance with regulatory standards.