Karachi: Executives of National Foods Limited have recently engaged in share transactions as per the disclosure requirements mandated by the Pakistan Stock Exchange (PSX) Regulation 5.6.4. These transactions, which include both purchases and sales of shares, were conducted by key company personnel, including executives, their spouses, and minors.
On November 28, 2025, National Foods Limited disclosed that Nam Ul Haq, an executive in the company, executed a purchase of 300 shares at a rate of 378.00501 each on November 26, 2025. Additionally, another executive, Ilal Ahmed, undertook a series of transactions on November 17, 2025. Ahmed bought 1,000 shares at a rate of 386.002300 each and subsequently sold 1,000 shares at a marginally higher rate of 386.461300. Despite the activity, the cumulative percentage of shares held by these executives remains unchanged at 0.00%.
According to information available from the Pakistan Stock Exchange (PSX), these transactions were conducted in the ready market with the shares held in Central Depository Company (CDC) form. The company's disclosure notes clarify that these transactions will be reviewed by the Board of Directors at their subsequent meeting, ensuring compliance with board governance protocols.
Further, the company's disclosure emphasizes adherence to Section 105 of the Securities Act, 2015. It mandates that any profit derived from transactions executed within a holding period of less than six months should be deposited with the Securities and Exchange Commission of Pakistan (SECP). The company is also required to update the relevant details in the UIN Management System without delay.
These transactions highlight the importance of transparency and regulatory compliance in the corporate governance of publicly listed companies, as per the framework set by the Pakistan Stock Exchange.