Karachi: In a notable transaction executed on September 22, 2025, shares of Habib Rice Products Limited underwent a significant realignment involving key figures within the company's leadership. The transaction, disclosed in compliance with PSX Regulation 5.6.4, involved a transfer of 4,000,000 shares.

The shares, valued at a rate of 0.00, were gifted out by Gaffar A. Habib, a Non-Executive Director of Habib Rice Products Limited. Following this transaction, Gaffar A. Habib's cumulative shareholding stands at 5.43 million shares, representing 13.57% of the company's total shares.

Conversely, these shares were received as a gift by Owais G. Habib, an Executive Director of the company, increasing his cumulative holdings to 9.48 million shares. This adjustment elevates his stake to 23.70% of the company.

According to information available from the Pakistan Stock Exchange (PSX), these transactions fall under the designated market category "Through CDC" and are notable for their substantial impact on the distribution of shares within the company's leadership structure.