Karachi, Altern Energy Limited has informed its shareholders and the public of significant share transactions made by Mr. Shah Muhammad Ch., a Non-Executive Director of the company. The details of these transactions, which took place on September 18, 2023, and September 11, 2023, have been provided by the company as follows:

1. On September 18, 2023, Mr. Shah Muhammad Ch., a Non-Executive Director, executed a buy transaction involving 13,000 shares of Altern Energy Limited. The shares were acquired at a rate of 13.32 per share. The form of share certificates for this transaction was through CDC (Central Depository Company).

2. On September 11, 2023, Mr. Shah Muhammad Ch., once again, made a significant purchase of the company's shares. This time, he bought 27,000 shares at a rate of 13.27 per share, also using CDC as the form of share certificates.

These transactions indicate a notable increase in Mr. Shah Muhammad Ch.'s stake in Altern Energy Limited. As a Non-Executive Director, his actions in acquiring additional shares of the company demonstrate confidence in its future prospects. Shareholders and market observers will likely be keen to monitor how these developments may impact the company's overall performance and strategic direction.

It's important to note that such transactions by key executives and substantial shareholders are subject to regulatory oversight and disclosure requirements to ensure transparency and fairness in the financial markets. Altern Energy Limited has fulfilled its obligation to inform the public about these transactions in accordance with applicable regulations.