Karachi: In a notable transaction disclosed under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) regulations, AKD Securities Limited, a substantial shareholder in Ansari Sugar Mills Ltd., has sold a considerable portion of its shares. According to a report dated October 1, 2026, AKD Securities divested 4.10 million shares in a single sell-off operation, reducing its holdings from 12.06 million to 7.96 million shares.
The transaction took place on September 29, 2026, at a rate of 23.1 per share in the ready market category. This move by AKD Securities has been documented through a letter from the Company Secretary, which accompanies the disclosure statement.
According to information available from the Pakistan Stock Exchange (PSX), such transactions are crucial for maintaining transparency and compliance within the trading community. This particular sale represents a very large or significant move in the shareholding pattern of Ansari Sugar Mills Ltd., potentially impacting the market dynamics and investor sentiment surrounding the company.
The detailed disclosure aligns with regulatory requirements, ensuring stakeholders are adequately informed of changes in substantial shareholding positions within publicly listed companies.