Karachi: Cordoba Logistics & Ventures Limited has disclosed transactions involving the acquisition of shares by a non-executive director's spouse, according to regulatory documents. The transactions were reported in compliance with PSX Regulation 5.6.4, which mandates the disclosure of shareholdings by directors and their immediate family members.
The disclosures reveal that Raza Elahi, the spouse of Non-Executive Director Anum Raza, engaged in two separate transactions to acquire shares of the company. On May 22, 2025, Elahi purchased 5,000 shares at a rate of 16.46 per share. This transaction increased the cumulative number of shares held to 2,178,885, representing 3.02 percent of the company's total shares.
The following day, on May 23, 2025, Elahi conducted another purchase, acquiring an additional 20,000 shares at a slightly lower rate of 16.30 per share. This brought the cumulative shareholding to 2,198,885, accounting for 3.05 percent of the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), these transactions fall under the 'Ready' market category. The purchases by Elahi, who holds the shares in CDC form, indicate an increased investment interest in Cordoba Logistics & Ventures Limited. The regulatory disclosure ensures transparency and compliance with the stock exchange's requirements.
The transactions reflect the ongoing activity and strategic financial decisions by individuals closely associated with the company's leadership, demonstrating adherence to regulatory obligations while potentially influencing the company's market dynamics.