Karachi: Waves Corporation Limited, a prominent entity in the designated market category, witnessed notable share transactions executed by its executive and non-executive directors on September 1, 2026, as disclosed in a report dated September 7, 2026. These transactions were conducted under the scrutiny of Section 5.6.1.(d) of the PSX Regulations.

According to the report, Haroon Ahmad Khan, the Executive Director of Waves Corporation Limited, purchased 2.30 million shares at a rate of 10.27 per share in the futures market. Subsequently, he executed a sale of the same volume of shares at a slightly lower rate of 10.16 per share in the Negotiated Deal Market (NDM). These transactions adjusted his cumulative shareholding to 89.35 million shares, representing a cumulative percentage of 31.75%.

Simultaneously, Nighat Haroon Khan, a Non-Executive Director at the company, made a series of transactions involving both the NDM and the futures market. She acquired 4.70 million shares at a rate of 10.27 per share and sold the same number of shares in the ready market at a rate of 10.15 per share. Furthermore, she acquired an additional 924,500 shares at the same rate of 10.27 per share in the futures market, followed by a sale of an identical number of shares at a rate of 10.16 per share in the NDM. These transactions resulted in her cumulative shareholding reaching 19.77 million shares, accounting for a cumulative percentage of 7.03%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions underscore the dynamic nature of the shareholdings within Waves Corporation Limited, reflecting strategic moves by its directors and substantial shareholders.