Karachi: Arif Habib Limited has disclosed a significant transaction executed by its Chief Executive Officer and Director, Mr. Muhammad Shahid Ali, involving the purchase of shares in the company. According to the details provided, Mr. Ali acquired 47,500 shares of Arif Habib Limited on May 13, 2025, at a rate of Rs. 66.79 per share. This transaction increased his cumulative shareholding in the company to 2,516,185 shares, representing a 3.85% stake.

According to information available from the Pakistan Stock Exchange (PSX), this transaction will be reviewed in the forthcoming board meeting, where any non-compliance issues, if present, will be addressed in line with clause 5.6.4 (d) of PSX Regulations. The company has assured that all necessary disclosures and confirmations will be provided to the Exchange.

The company further confirmed that the holding period for this transaction exceeds six months. In instances where transactions occur within a six-month period, the Securities Act, 2015 mandates that any resulting profit must be deposited with the Securities and Exchange Commission of Pakistan (SECP), with notification provided to the PSX. Arif Habib Limited operates within the designated market category.