Karachi: In a notable disclosure, Image Pakistan Limited has announced a significant transaction involving the company’s shares, executed by one of its independent directors. The disclosure, made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, involved Mr. Ameen Mohammed Bandukda, an independent director of the company, who engaged in a share transaction described as a “GIFT OUT.”
According to the transaction details, Mr. Bandukda transferred a total of 1,000,000 shares on June 4, 2025. The shares, with a recorded rate of 0.00, were transferred through the Central Depository Company (CDC). This transaction resulted in Mr. Bandukda’s cumulative shareholding in Image Pakistan Limited being reduced to 400,000 shares, representing a 0.17 percent stake in the company.
The disclosure is part of the company’s compliance with PSX regulations, which mandate the reporting of share dealings by directors, executives, and substantial shareholders. The designated market category for this transaction falls under the regulatory oversight of the Pakistan Stock Exchange.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for maintaining transparency and ensuring that stakeholders are informed about significant changes in shareholding by key company figures.
The transaction reflects the ongoing adjustments in share ownership among company insiders, which are routinely monitored by investors and regulatory bodies alike. These disclosures help maintain the integrity of the stock market by providing necessary insights into the dealings of influential stakeholders within listed companies.