Karachi: A director at S.G. Power Limited, Mr. Sohail Ahmed, has sold 2,000 shares of the company, according to a recent disclosure. The transaction took place on September 2, 2024, and will be reviewed in the upcoming board meeting as stipulated by Pakistan Stock Exchange regulations.

Mr. Sohail Ahmed, who serves both as Chief Executive and Director, conducted the sale through the Central Depository Company (CDC) format, although the specific rate at which the shares were sold varies. According to information available from the Pakistan Stock Exchange (PSX), the details of such transactions are mandatory to be disclosed and discussed in the board's subsequent meeting in line with clause 5.6.1 of PSX Regulations.

The board of directors at S.G. Power Limited is expected to assess the recent transaction, ensuring compliance with the necessary regulatory frameworks and maintaining transparency in the company’s operations.