Peshawar: The Premier Sugar Mills & Distillery Company Limited has announced a significant transaction involving one of its executive directors, further consolidating its internal shareholding structure.
According to a disclosure under Pakistan Stock Exchange (PSX) Regulation 5.6.4, Abbas Sarfaraz Khan, an Executive Director at Premier Sugar Mills, executed a transaction to purchase additional shares in the company. The transaction, carried out through the Central Depository Company (CDC) in the ready market, took place on May 30, 2025.
Mr. Khan acquired 2,000 shares at a rate of 270.52 per share. This acquisition brings his cumulative shareholding to 58,688 shares, representing a total cumulative percentage of 15.91% of the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), the transaction underscores the strategic positioning of key executives within the company, reflecting a concentrated effort to reinforce their stake in the company’s growth trajectory.
The Premier Sugar Mills operates within the designated market category of sugar manufacturing, and this transaction highlights an active engagement by its leadership in the company’s equity, amidst evolving market conditions.