Karachi: Arif Habib Limited's Chief Executive Officer and Director, Mr. Muhammad Shahid Ali, has executed a series of transactions leading to an increase in his shareholding in the company. The disclosure was made in accordance with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.
On October 2, 2026, Mr. Ali bought 168,000 shares at a rate of Rs. 111.30, raising his cumulative shareholdings to 3,138,178 shares, which translates to a cumulative percentage of 4.80%. This transaction was followed by additional purchases on October 5, 2026, where he acquired 20,938 shares at Rs. 110.65. This increased his total shares to 3,159,116, accounting for 4.83% of the company's total shares.
Further transactions were made on October 6, 2026, when Mr. Ali bought 10,038 shares at Rs. 112.18, bringing his cumulative holdings to 3,169,154 shares, or 4.85% of the total. The last recorded transaction occurred on October 7, 2026, with a purchase of 1,886 shares at a rate of Rs. 111.90, maintaining his cumulative percentage at 4.85%.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a strategic move by Mr. Ali to consolidate his position within Arif Habib Limited, a key player in the financial services sector. The market classification for these percentage changes indicates a minor move in shareholding percentages over the course of these transactions.