Lahore: Service Industries Limited has announced a notable transaction involving shares of the company. According to a report dated November 3, 2026, Mr. Hassan Javed, a non-executive director, has acquired a substantial number of shares through an inheritance.
The transaction, executed on November 2, 2026, involves the acquisition of 10,622,640 shares by Mr. Javed. This acquisition was conducted through the Central Depository Company (CDC) and is categorized under inheritance-in transactions. The rate for this transaction was reported at 0.00, which is typical in inheritance-related acquisitions. With this transaction, Mr. Javed’s cumulative holding in the company now stands at 101,267,880 shares, representing a cumulative percentage of 21.55%.
According to information available from the Pakistan Stock Exchange (PSX), the details of this transaction were disclosed under the specific regulatory requirement concerning the disclosure of interest by directors, CEOs, executives, and substantial shareholders. This regulation ensures transparency and provides investors with essential information regarding significant changes in shareholding.
Service Industries Limited operates within the designated market category of manufacturing and trading, with a focus on a wide range of consumer and industrial products. The company continues to maintain a robust position in the market, as evidenced by ongoing transactions and shareholder activities.