Independent Director Executes Share Sales in Shifa International Hospitals Ltd.

Karachi: Shifa International Hospitals Ltd. has reported a sequence of share sales executed by Mohammad Salim Khan, an independent director of the company, according to recent disclosures. These transactions, which took place over several days in July 2025, mark a series of strategic sales by the director, impacting the cumulative shareholding.

On July 14, 2025, Mohammad Salim Khan sold 370 shares at a rate of 573.00, resulting in a cumulative holding of 79,571 shares or a cumulative percentage of 0.13. This initial sale was followed by a more substantial transaction on July 15, where 2,000 shares were sold at a rate of 551.63, reducing his cumulative shareholding to 77,571 shares, equating to a cumulative percentage of 0.12.

Further transactions saw the director selling another 2,000 shares on July 16 at 545.00, and then 3,000 shares on July 17 at 550.00, bringing his cumulative share total down to 72,571 shares with a cumulative percentage of 0.11. Finally, on July 18, an additional 3,000 shares were sold at the same rate of 550.00, resulting in a final cumulative shareholding of 69,571 shares, maintaining the cumulative percentage at 0.11.

The designated market category for these transactions is the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), these sales signify a progressive reduction in the director’s stake in the company over a brief time frame.

The nature of these transactions and their implications on the company's stock performance remain to be seen, as these sales might influence investor perception and market dynamics. The transactions have been duly communicated to the TRE Certificate Holders of the Exchange, ensuring transparency and compliance with regulatory frameworks.