Karachi: In a recent disclosure, S.G. Power Limited reported that Mr. Sohail Ahmed, the Chief Executive and Director of the company, has executed transactions involving the sale of shares in both S.G. Power Limited and S.C. Power Limited. These transactions, which occurred on October 22, 2024, and October 23, 2024, respectively, are set to be reviewed in an upcoming board meeting.

According to the details provided by the company, Mr. Ahmed sold 2,300 shares of S.G. Power Limited and 2,200 shares of S.C. Power Limited. The shares were sold at different rates, and all transactions were conducted in the Central Depository Company (CDC) form. According to information available from the Pakistan Stock Exchange (PSX), these transactions will be evaluated by the board in accordance with clause 5.6.1 of PSX Regulations.

The disclosure of these sales is part of the company's compliance with regulatory requirements to ensure transparency in the trading activities of its directors. The outcome of the board's deliberations on these transactions will be awaited by stakeholders and investors.