Karachi: Al Shaheer Corporation Limited has disclosed a recent transaction involving its Executive Director, Rizwan Ahmad. On November 24, 2025, Ahmad executed a purchase of 100 shares at a rate of 14.74100 per share. The transaction was reported under the Pakistan Stock Exchange Regulation 5.6.4, which governs the disclosure of interests by relevant persons holding a company’s shares.

The transaction took place in the ready market, and the cumulative number of shares held by Ahmad as a result of this purchase remains at a cumulative percentage of 0.00%. According to information available from the Pakistan Stock Exchange (PSX), such transactions by directors, CEOs, executives, substantial shareholders, their spouses, and minors must be promptly presented to the Board of Directors and recorded in the meeting minutes.

Furthermore, Al Shaheer Corporation is obligated to ensure that the holding period for the transaction exceeds six months, as mandated by the Securities Act, 2015. If the holding period is less than six months, any profit derived must be deposited with the Securities and Exchange Commission of Pakistan. The company is also required to update these details in the UIN Management System without delay.

These regulatory measures are designed to maintain transparency and accountability within the stock market, reflecting strict adherence to the governance framework established by the PSX.