Karachi: K-Electric Limited has reported a significant share transaction executed by Fahad Sultan Ahmed, an independent director of the company. According to a disclosure of interest released under section 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations, Ahmed sold substantial shares in the company.

On September 11, 2026, Fahad Sultan Ahmed executed a sale of 2.50 million shares at a rate of 6.90 per share in the ready market. The cumulative number of shares held following this transaction was reduced to 5,000, with the cumulative percentage holding remaining at 0.00 percent. This transaction was executed through the Central Depository Company (CDC), as noted in the company's filing.

According to information available from the Pakistan Stock Exchange (PSX), the transaction by the independent director is classified as a very large or significant move due to the substantial number of shares involved.

The disclosure, dated October 16, 2026, highlights the transparency requirements for directors and substantial shareholders of listed companies in Pakistan, ensuring that such transactions are publicly reported and scrutinized. This particular transaction reflects the regulatory framework's role in maintaining market integrity and investor confidence.