Al Shaheer Corporation Limited Share Transaction Sparks Notable Movement on PSX

karachi: Al Shaheer Corporation Limited, a significant player in the Pakistan stock market, witnessed a noteworthy transaction involving a substantial shareholder, leading to a big move in the company's shares. On July 6, 2026, the Pakistan Stock Exchange (PSX) disclosed that Mrs. Fehmida Amin, a substantial shareholder of the company, executed a purchase transaction in the shares of Al Shaheer Corporation Limited.

The transaction, dated July 3, 2026, involved the acquisition of 6.90 million shares at a price of 14.00 per share. This purchase increased Mrs. Amin's cumulative shareholding in the company to 50.29 million shares, accounting for a cumulative percentage of 13.41%. According to information available from the Pakistan Stock Exchange (PSX), this transaction reflects a big move in the company's stock, as defined by the PSX's classification standards.

The nature of the transaction was executed as a 'BUY' in the CDC market under the NDM category. The strategic acquisition by Mrs. Fehmida Amin highlights her continued confidence in Al Shaheer Corporation Limited's performance and potential growth in the designated market category. As the company navigates through the intricacies of the stock market, such transactions are closely monitored by stakeholders and investors alike.

This disclosure under PSX Regulation 5.6.4 reiterates the transparency and regulatory adherence within the Pakistani financial markets, ensuring that all relevant parties are informed of substantial shareholding changes.