Lahore: In a recent development concerning D.S. Industries Limited, an executive director has reportedly executed a significant transaction involving the sale of company shares. This disclosure comes as part of the regulatory requirements under Clause 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations.
The company has announced that Ali Pervez Ahmed, serving as the Executive Director of D.S. Industries Limited, sold 2 million shares in the ready market on October 29, 2026. The shares were sold at a rate of 34.30 per share. Consequently, the cumulative number of shares held by Ali Pervez Ahmed now stands at 510,000, representing a cumulative percentage of 0.61% of the total shares.
According to information available from the Pakistan Stock Exchange (PSX), this transaction has been executed as part of the disclosure of interest by directors and executives, as mandated by the stock exchange regulations. Such transactions are required to be reported to maintain transparency and inform the market participants about changes in the shareholding of significant stakeholders.
This transaction falls under the designated market category of 'Ready', indicating that the shares were traded in the immediate settlement segment of the stock market. The move reflects a decrease in shareholding by a substantial shareholder, as required by the PSX's disclosure rules.