Karachi: Hassan Ibrahim Ahmed, the Executive Director of D.S. Industries Limited, has executed significant transactions involving the sale of company shares, according to recent disclosures under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions were disclosed in compliance with the PSX regulation, which mandates transparency from directors, executives, and substantial shareholders.

According to the statement, on November 21, 2024, Mr. Ahmed sold a total of 983,221 shares at a rate of 7.76 each. This transaction left him with a cumulative holding of 1,243,242 shares, representing a 1.49 percent stake in the company. On the following day, November 22, 2024, Mr. Ahmed further reduced his holdings by selling 1,049,575 shares at a rate of 7.38. After this transaction, his cumulative shareholding decreased to 193,667 shares, equating to a 0.23 percent stake in D.S. Industries Limited.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the required disclosures for relevant persons holding shares in the company. The disclosures aim to maintain transparency and inform stakeholders about significant changes in shareholding by those in positions of influence within the company.

The transactions were conducted in the ready market and were facilitated by the Central Depository Company (CDC), which manages the electronic (paperless) settlement of transactions carried out at the stock exchange. These disclosures reflect the company's compliance with regulatory requirements and contribute to the transparency of trading activities by individuals with substantial influence over the company.