Karachi: Waves Corporation Limited has disclosed a series of share transactions executed by its executives and their spouses, as required under section 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations. The transactions, reported on November 2, 2026, include both purchases and sales of shares by key company figures.

On October 29, 2026, Haroon Ahmad Khan, an Executive Director at Waves Corporation Limited, conducted two transactions involving the company's shares. Initially, Khan purchased 11.00 million shares at a rate of 8.87 per share, increasing his cumulative holding to 95.35 million shares, representing a 33.88% stake. On the same day, he sold the same number of shares at a slightly lower rate of 8.78 per share, adjusting his cumulative shareholding to 84.35 million shares, equivalent to a 29.97% stake.

In a parallel development, Nighat Haroon Khan, a Non-Executive Director, executed similar transactions. She acquired 2.70 million shares at 8.87 per share, resulting in a cumulative holding of 14.96 million shares or a 5.01% stake. Subsequently, she sold these shares at 8.78 per share, revising her cumulative holding to 12.26 million shares, which accounts for a 4.36% stake in the company.

Additionally, Hamza Ahmad Khan, another Executive Director, reported purchasing 700,000 shares at the same rate of 8.87 per share. This purchase brought his cumulative shareholding to 4.94 million shares, representing a 1.76% stake. He also sold the same amount of shares at 8.78 per share, decreasing his cumulative holding to 4.24 million shares, or 1.51%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the routine regulatory disclosures that listed companies must provide. The market category for these transactions is classified under 'NDM' (Non-Discretionary Market), reflecting the structured nature of these trades.