KARACHI: The Pakistan Stock Exchange (PSX) has reported a transaction involving the sale of shares by Syed Mazher Iqbal, a key executive associated with a listed company, according to the latest disclosure data. The transaction, executed on July 30, 2025, involved the sale of 25,030 shares at a rate of 24.4956 per share in the Central Depository Company (CDC) market.
According to information available from the Pakistan Stock Exchange (PSX), this transaction will be subjected to review during the company's forthcoming board meeting. The board will consider any potential non-compliance issues in line with clause No. 5.6.1.(d) of the PSX Regulations. The disclosure indicates that the holding period for the shares exceeded six months. If the holding period had been less than six months, any profit would have necessitated a deposit with the Securities and Exchange Commission of Pakistan (SECP), as per Section 105 of the Securities Act, 2015.
The designated market category for these transactions is the CDC market. The company has assured that all necessary compliance measures will be duly addressed and that the exchange will be notified of any significant findings.