Karachi: In a series of transactions, Abdus Samad Habib, an Executive Director of Javedan Corporation Limited, has sold a significant number of shares in the company. According to a disclosure made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, these transactions took place over two days in July 2025.

On July 15, 2025, Mr. Habib executed a sale of 20,000 shares at a rate of 82.32 per share, reducing his cumulative holdings to 40,217 shares. The following day, July 16, witnessed multiple transactions involving the sale of 3,755 shares at 80.53, 245 shares at 80.60, 1,000 shares at 80.70, 100 shares at 83.60, and a further 9,900 shares at 83.70. These transactions brought his cumulative shareholding down to 25,217 shares.

The transactions are categorized within the 'ready' market segment and involved the sale of shares in dematerialized form through the Central Depository Company (CDC). The cumulative percentage of shares held by Mr. Habib following these sales stands at 0.01 percent.

The designated market category for these transactions is the ready market, which is a segment of the stock exchange where securities are bought and sold for immediate delivery and payment.

According to information available from the Pakistan Stock Exchange (PSX), the movements in the shareholding signify a minor move in Mr. Habib's stake in the company. The sales were conducted in adherence to regulatory requirements concerning the disclosure of interest by relevant persons holding company shares.

These transactions are part of the routine disclosures mandated by the PSX to ensure transparency in the trading activities of directors, executives, and significant shareholders within listed companies.