Chashma Sugar Mills Director Increases Shareholding

Karachi: A significant transaction was executed involving shares of Chashma Sugar Mills Limited. This transaction falls under the designated market category of "Ready" and involves Mr. Abbas Sarfaraz Khan, a Non-Executive Director of the company.

On September 23, 2024, Mr. Khan purchased 30 additional shares of Chashma Sugar Mills at a rate of 57.55 PKR per share. Following this transaction, his total holdings in the company have increased to 941,588 shares, representing a cumulative percentage of 3.28% of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was disclosed as per the regulatory requirements of PSX Regulation 5.6.4, which mandates the reporting of share dealings by directors, executives, substantial shareholders, and their close family members. The form of the share certificates involved in this transaction is recorded as CDC (Central Depository Company), indicating that these shares are held in electronic form.