Karachi, Arif Habib Corporation Limited, a well-established conglomerate with diverse interests, has reported a notable share transaction carried out by Khawaja Jalaluddin Roomi, an Independent Director associated with the company. The details of the transaction are as follows:

Person: Khawaja Jalaluddin Roomi (Independent Director)

Transaction Date: August 15, 2023

Nature: Other-In

Number of Shares: 50000

Rate: 24.85

Form of Share Certificates: CDC

Market: Ready

This significant transaction involves the acquisition of 50,000 shares by Khawaja Jalaluddin Roomi, an Independent Director of Arif Habib Corporation Limited, on August 15, 2023. The transaction, categorized as "Other-In," signifies a notable investment in the company's shares.

The transaction's rate was reported at 24.85, and the shares were obtained through the CDC Ready Market platform. Independent Directors' involvement in share transactions often garners attention from investors and industry observers, as it may provide insights into their confidence in the company's growth prospects.

The acquisition of a substantial number of shares by an Independent Director underscores their commitment and belief in the company's potential for value creation. Such actions are closely watched within the industry, as they contribute to the ongoing market discourse and influence market sentiments.