Karachi: S.G. Power Limited announced on February 12, 2024, that its Chief Executive and Director, Mr. Sohail Ahmed, has sold shares in the company. According to the company's disclosure, Mr. Ahmed executed a transaction involving 4,500 shares. The shares, listed under Central Depository Company (CDC) form, were sold at different rates.

According to information available from the Pakistan Stock Exchange (PSX), the transaction details are set to be reviewed in a forthcoming board meeting, as stipulated by clause 5.6.1 of PSX Regulations. This clause mandates the disclosure and consideration of directors' transactions in board meetings.

S.G. Power Limited's shareholders and stakeholders are expected to await further details following the board's review of the transaction.