Karachi: Avanceon Limited has announced a transaction involving the sale of shares by its Company Secretary, according to a report dated October 15, 2026. The disclosure was made under the Pakistan Stock Exchange (PSX) regulations concerning the interest of directors, executives, and substantial shareholders.
Faisal Nadeem Sheikh, the Company Secretary, executed a sale of shares amounting to 18,262 shares at a rate of 27.07 each on October 14, 2026. This transaction was conducted in the ready market. The cumulative number of shares held by the executive post-transaction is one, with a cumulative percentage of 0.00%.
According to information available from the Pakistan Stock Exchange (PSX), the transaction falls under the category of disclosure of interest by executives and other key stakeholders as per regulation 5.6.4.
The company operates within the designated market category and continues to adhere to the regulatory requirements set forth by the PSX.