Karachi: Arif Habib Limited has revealed a recent transaction involving its Chief Executive Officer and Director, Mr. Muhammad Shahid Ali, as part of its obligation under clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. On May 14, 2025, Mr. Ali purchased 10,000 shares of Arif Habib Limited at a rate of 67.00 Pakistani Rupees per share in a ready market transaction.

According to information available from the Pakistan Stock Exchange (PSX), this acquisition brings Mr. Ali's cumulative shareholding in the company to 2,526,185 shares, representing 3.87% of the total shares. The designated market category for this transaction is CDC Ready.

The company confirmed that this transaction will be discussed in the upcoming board meeting, highlighting any non-compliance as required under the relevant PSX regulations. Additionally, Arif Habib Limited assured that the holding period for this transaction exceeds six months. In the event that the holding period falls short of six months, any profit gained will be deposited with the Securities and Exchange Commission of Pakistan (SECP), in accordance with Section 105 of the Securities Act, 2015, with due notification to the PSX.