Chief Executive of S.G. Power Limited Sells Shares Valued Over 0.70 Million

Karachi: The Chief Executive and Director of S.G. Power Limited, Mr. Sohail Ahmed, executed the sale of a significant number of shares in the company, according to an official disclosure issued by the company. The transactions took place on July 21, 2025, and involved the sale of a total of 105,000 shares.

The breakdown of the transaction reveals that Mr. Ahmed sold 5,000 shares at a rate of Rs. 8 per share and an additional 100,000 shares at Rs. 7 per share. The total value of the shares sold amounts to approximately 0.74 million. The shares were transferred in the Central Depository Company (CDC) format.

According to information available from the Pakistan Stock Exchange (PSX), these transactions will be reviewed in the upcoming Board meeting. This review is a requirement under clause 5.6.1 of the PSX Regulations. The sale of shares by a high-ranking executive is often subject to regulatory scrutiny to ensure compliance with disclosure norms and to maintain market integrity.

The energy sector, under which S.G. Power Limited falls, is categorized as part of the designated market segment. Transactions such as these are closely monitored due to their potential impact on stock prices and market dynamics.