Peshawar: Premier Sugar Mills has reported a noteworthy transaction involving the acquisition of shares by Abbas Sarfaraz Khan, the company's Executive Director. This transaction was executed under the guidelines set by the Pakistan Stock Exchange's (PSX) Regulation 5.6.4.

According to the company’s disclosure, Abbas Sarfaraz Khan, an Executive Director at Premier Sugar Mills, engaged in the purchase of shares that significantly increased his stake in the company. The transaction took place on May 29, 2025, within the designated market category labeled as 'Ready'.

The details of the transaction indicate that Khan acquired a total of 7,638 shares at a rate of 270.52 per share. This acquisition brings his cumulative holding to 56,688 shares, which corresponds to a cumulative percentage of 15.00% of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), the acquisition by Khan underscores a strategic move to bolster his investment in Premier Sugar Mills. The transaction aligns with regulatory requirements that mandate the disclosure of such interests by directors, executives, and substantial shareholders, along with their immediate family members.

The purchase further consolidates Khan’s position within the company, reflecting his continued confidence in the company’s prospects as a shareholder. Premier Sugar Mills, a significant entity in the sugar industry, facilitates such disclosures to maintain transparency and compliance with PSX regulations.