Karachi: Pervez Ahmed Consultancy Services Ltd. recently disclosed a series of share transactions involving one of its non-executive directors, Muntazir Mehdi, which have captured the attention of market observers. According to the company's report dated October 21, 2026, Mehdi engaged in multiple share dealings over a span of three days in mid-October.
On October 14, 2026, Mehdi executed a purchase of 20,000 shares at a rate of 2.91 each, bringing his cumulative shareholding to 21,000 shares with a cumulative percentage of 0.01. The following day, October 15, he acquired an additional 20,000 shares at a rate of 3.04, increasing his total holdings to 41,000 shares, which translates to a cumulative percentage of 0.02.
However, on October 16, Mehdi sold 40,000 shares at a rate of 2.85, reducing his holdings significantly to just 1,000 shares, which is reflected in a cumulative percentage of 0.00. These transactions were conducted through the Central Depository Company (CDC) in the ready market.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated under section 5.6.1.(d) of the PSX Regulations, requiring transparency from directors, executives, and substantial shareholders in their dealings.
The designated market category for these transactions falls under the ready market. The movements in Mehdi's share transactions have been classified as follows: the sale of shares on October 16 reflects a very large or significant move in his personal stock holdings within the company.