Karachi: S.G. Power Limited has disclosed a recent transaction involving the sale of shares by one of its directors, according to a company statement. The transaction details have been made public as part of the regulatory requirements for transparency in share dealings by company executives.
On June 27, 2025, Mr. Sohail Ahmed, who serves as the Chief Executive and Director of S.G. Power Limited, executed a sale of 200,000 shares at a rate of Rs. 6 per share. The shares were sold in dematerialized form through the Central Depository Company (CDC) system. This transaction will be reviewed in the forthcoming board meeting, as stipulated by clause 5.6.1 of the Pakistan Stock Exchange (PSX) regulations, ensuring compliance with the governance standards set by the exchange.
According to information available from the Pakistan Stock Exchange (PSX), the transaction aligns with the disclosure requirements for significant share dealings by company insiders. It is noted that such transactions are subject to scrutiny to maintain the integrity and transparency of the market, classified under the designated market category.
The company has reaffirmed its commitment to adhering to the regulatory framework, ensuring that all transactions involving its directors are reported and reviewed in accordance with the stipulated guidelines.