Karachi: Amreli Steels Limited has disclosed a significant transaction involving the company’s Executive Director, Shayan Akberali, as per the latest regulatory filing dated December 23, 2025. The transaction, filed under the Pakistan Stock Exchange (PSX) regulation 5.6.4, highlights noteworthy movement in the company’s shares by a key executive.
The disclosure outlines that Shayan Akberali executed a transaction involving 40 million shares of Amreli Steels Limited. The transaction, conducted on December 16, 2025, was categorized as “Other Than Right,” and brings the cumulative holding of shares to 25.0090754028%. This represents a very large or significant move in the shareholding structure of the company.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial in maintaining transparency and ensuring stakeholders are informed about changes in significant shareholdings by directors and executives. The filing includes that the company secretary will present the transaction details at the next Board of Directors meeting, as mandated.
The disclosure also notes that in accordance with Section 105 of the Securities Act, 2015, there are specific requirements regarding the holding period of such transactions, which must exceed six months. If not, any profit must be deposited with the Securities and Exchange Commission of Pakistan (SECP).
This transaction by Shayan Akberali is a significant event for Amreli Steels Limited, a company known for its contribution to the steel industry in the designated market category.