Karachi: EFU Services (Private) Limited, an associate company, has executed a notable transaction involving the sale of a substantial number of shares. This transaction was disclosed under Regulation 5.6.4 of the Pakistan Stock Exchange (PSX), which mandates the disclosure of interests by relevant persons in a company’s shares.

According to the disclosure, EFU Services (Private) Limited carried out a sale transaction on April 14, 2025. The transaction involved the sale of 300,000 shares at a rate of 142.97 per share. Following this sale, the cumulative shareholding of EFU Services stands at 2.05 million shares, representing a 1.95% stake in the company.

The sale was executed in the designated market category of the Central Depository Company (CDC) through the Negotiated Deal Market (NDM). According to information available from the Pakistan Stock Exchange (PSX), such disclosures are vital for maintaining transparency and providing stakeholders with necessary insights into the shareholding patterns of companies listed on the exchange.

The transaction reflects an important movement in the market, as substantial shareholders, including associate companies, adjust their investments in line with strategic objectives. As per the PSX regulations, these disclosures ensure that all stakeholders are informed of the changes in shareholding that may influence the market.