Karachi: The Pakistan Stock Exchange (PSX) witnessed a notable development involving a key figure associated with Meezan Bank Limited. On September 7, 2026, Dr. Ghazala Siddiqui, spouse of Mr. Irfan Siddiqui, who serves as a Non-Executive Director at the bank, executed a transaction in the company's shares, as detailed in a report dated September 10, 2026.
Dr. Siddiqui sold a total of 10 shares at a rate of 564.75 Pakistani Rupees per share in the ready market, utilizing the Central Depository Company (CDC) system. Following this transaction, her cumulative shareholding now stands at 19,990 shares. The percentage impact of this transaction on her total holdings is reported as 0%, classified as no change.
According to information available from the Pakistan Stock Exchange (PSX), this disclosure complies with PSX Regulation 5.6.4, which mandates the reporting of share transactions by relevant persons associated with listed companies.
Meezan Bank Limited is a major player in the banking sector within the designated market category, and such disclosures are crucial for maintaining transparency and trust among investors and stakeholders. This transaction highlights the importance of adherence to regulatory requirements by individuals closely linked to the leadership of publicly traded companies.