Karachi: A recent disclosure from National Foods Limited has highlighted a transaction involving an executive’s acquisition of company shares. The transaction was carried out by Muhammad Hussain Ulani, an executive at the company, who purchased 30 shares at a rate of 368.28.
According to information available from the Pakistan Stock Exchange (PSX), this transaction was executed on October 31, 2025. The shares were acquired in the ready market form and have resulted in a cumulative holding of 30 shares, representing a 0.00% change in the executive’s ownership status. This indicates no change in the cumulative percentage held by Mr. Ulani.
The disclosure was made in accordance with PSX Regulation 5.6.4, which requires reporting of share transactions by directors, executives, and substantial shareholders. The transaction details are to be presented at the next board meeting, with extracts of the minutes to be submitted via Form-30 as part of the compliance process.
Additionally, the company must ensure that the holding period for such transactions exceeds six months. If the holding period is shorter, any profits must be deposited with the Securities and Exchange Commission of Pakistan (SECP), as mandated by Section 105 of the Securities Act, 2015. The company is also required to update its records in the UIN Management System promptly.
National Foods Limited operates within the designated market category of the consumer goods sector, focusing on the production and distribution of food products.