Karachi: Pak Datacom Ltd. has announced a recent transaction involving the sale of company shares by a member of its board. According to documents released under the Pakistan Stock Exchange (PSX) regulations 5.6.4, Shamim Ahmed Sherazi, an independent director at Pak Datacom Ltd., disclosed the sale of shares in the company.

The transaction occurred on May 29, 2025. It involved the sale of 500 shares at a rate of 214.16 per share. Following this sale, the cumulative number of shares held by Sherazi stands at 50, representing a cumulative percentage holding of 0.00042 percent of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are part of the regulatory requirements intended to maintain transparency in company operations and shareholder activities.

Pak Datacom Ltd. operates within the designated market category of the Pakistan Stock Exchange, and any changes in shareholding by its directors are subject to public disclosure to ensure compliance with the regulatory framework. The disclosure of interest in company shares is a critical component of the governance practices required by the PSX, ensuring that all stakeholders are kept informed of significant transactions by individuals in positions of authority within listed companies.