Karachi: Aisha Steel Mills Limited, a prominent entity listed on the Pakistan Stock Exchange, has disclosed a recent share transaction involving a key insider's family member. According to information available from the Pakistan Stock Exchange (PSX), Anna Samad, the spouse of non-executive director Abdus Samad, executed a sale of shares in the company.
The report, dated September 3, 2026, detailed that Anna Samad sold 150,000 shares on August 31, 2026, at a rate of 14.07 per share. This transaction resulted in a cumulative number of zero shares held, reflecting a complete divestment of her holdings in the company. The cumulative percentage of shareholding post-transaction stands at 0.00%, indicating no change in her stake.
This disclosure aligns with section 5.6.1.(d) of the PSX Regulations, which mandates the reporting of share dealings by directors, executives, and substantial shareholders, including their spouses. The transaction was executed under the ‘Ready’ market category, highlighting the nature of the share sale.
The details underscore the compliance with regulatory requirements for transparency in shareholding changes within Aisha Steel Mills Limited, ensuring that market participants are informed of significant insider transactions.