Karachi: The Organic Meat Company Limited has disclosed a series of recent transactions involving the sale of shares by its Executive Director, Ali Hussain. According to official records, the transactions were conducted under the regulatory framework of the Pakistan Stock Exchange (PSX), specifically following Regulation 5.6.4. These transactions have been duly noted by the company and will be presented at the forthcoming Board of Directors meeting.
On November 13, 2025, Ali Hussain executed a sale of 200,000 shares at a rate of 54.20 per share. Following this transaction, his cumulative shareholding in the company was reported at 16.07 million shares, representing 8.19% of the total. The following day, November 14, 2025, Hussain proceeded with another sale, this time of 1.80 million shares at a slightly higher rate of 54.26 per share. This transaction reduced his cumulative shareholding to 14.27 million shares, which constitutes 7.27% of the company's total shares.
According to information available from the Pakistan Stock Exchange (PSX), such transactions by directors, executives, or substantial shareholders must adhere to strict guidelines and are subject to review by the company's board. Furthermore, the regulations stipulate that any profits derived from transactions within a holding period of less than six months must be surrendered to the Securities and Exchange Commission of Pakistan (SECP).
The company's announcement also emphasized the adherence to necessary protocols, including updates to the UIN Management System and compliance with restrictions on trading during closed periods. The Organic Meat Company Limited is categorized under the designated market category and continues to operate under the regulatory purview of PSX.