Karachi: S.G. Power Limited has announced that Mr. Sohail Ahmed, who serves as both Chief Executive and Director of the company, has executed a sale of shares. According to the company's disclosure, Mr. Ahmed sold a total of 303 shares on November 22, 2024.

The shares were sold in different forms and are maintained in the Central Depository Company (CDC) system. The sale was executed at various rates, though specific price details were not disclosed in the announcement.

According to information available from the Pakistan Stock Exchange (PSX), transactions involving company executives or directors are routinely disclosed to maintain transparency and uphold investor confidence. The recent transaction by Mr. Ahmed falls under this category, providing stakeholders with insight into shareholding changes within the company.

This disclosure is part of the company's compliance with regulatory requirements, ensuring that all transactions by insiders are reported in a timely manner to the relevant authorities and the public. The company has not provided further details on the reason behind the sale or its potential impact on the company's operations or stock performance.