Karachi: In a recent disclosure, S.S. Oil Mills Limited announced a transaction involving its independent director, Hassan Javed. According to the company's filing, Javed sold a portion of his holdings in the company on July 1, 2025.

Hassan Javed, an independent director at S.S. Oil Mills Limited, executed the sale of 3,000 shares through the Central Depository Company (CDC) in the ready market. The transaction was completed at a rate of 968.21 per share. Following this sale, Javed's cumulative holdings in the company now stand at 6,500 shares. The cumulative percentage of his shares in the company remains unchanged.

The transaction is part of the regulatory compliance requirements set by the Pakistan Stock Exchange (PSX) under regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding shares in the company. The designated market category for this transaction is CDC Ready.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for maintaining transparency and trust in the market.

The sale of shares by an independent director is classified as a Minor move, according to the scale of percentage change in price. This classification reflects the minimal impact on the overall shareholding structure of S.S. Oil Mills Limited.