Islamabad: Mr. Abbas Sarfaraz Khan, a Non-Executive Director of Chashma Sugar Mills Limited, has purchased 12,098 shares of the company, according to a disclosure filed with the Pakistan Stock Exchange (PSX) on September 26, 2024. The transaction took place in the 'Ready' market category, indicating immediate settlement of shares.

On the trading day of September 26, Mr. Khan acquired the shares at an average price of 58.01 PKR per share, amounting to a total investment of approximately 0.70 million PKR. According to information available from the Pakistan Stock Exchange (PSX), this purchase increases his total holdings in the company to 953,598 shares, which represents a cumulative percentage of 3.32% of the company’s shares.

This transaction follows the regulatory guidelines under PSX Regulation 5.6.4, which mandates the disclosure of share transactions by directors and significant shareholders of publicly listed companies. Such disclosures are intended to ensure transparency in the dealings of company insiders with their own firm’s shares, providing investors and the market with timely information on insider activities.