Karachi: Saif Power Limited has disclosed a significant share transaction involving its Executive Director, Mr. Javed Saifullah Khan. The disclosure, made in accordance with PSX regulations, indicates that Mr. Khan executed a gift out of 2,170,000 shares on October 7, 2026. This transaction was carried out in the form of CDC share certificates.
According to information available from the Pakistan Stock Exchange (PSX), this transaction results in a cumulative holding of 12.99 million shares, representing 3.36% of the company's total shares. This percentage falls into the category of a very large or significant move due to the volume of shares involved and the impact on Mr. Khan's total shareholding.
The transaction details were officially reported on October 9, 2026. The substantial transaction highlights the movements within the shareholdings of Saif Power Limited, a company listed in the energy sector on the PSX.