Javedan Corporation Limited Shareholder Abdul Ghani Executes Transactions on PSX

Karachi: On July 10, 2025, Javedan Corporation Limited disclosed a notable series of transactions executed by Abdul Ghani, a substantial shareholder in the company. The transactions were reported under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the disclosure of interests by directors, chief executives, executives, substantial shareholders, and their immediate family members.

Abdul Ghani, who holds a significant interest in the company, was involved in both buying and selling shares on the same day. Initially, he purchased 765,000 shares at a rate of 62.00 per share through the Central Depository Company (CDC) in the Negotiated Deal Market (NDM). Following this acquisition, his cumulative shareholding in Javedan Corporation Limited increased to 46.41 million shares, representing a 12.19 percent stake in the company.

Subsequently, Abdul Ghani sold the same number of shares, 765,000, at a rate of 65.22 per share in the Ready Market, also facilitated through the CDC. This sale resulted in a decrease in his cumulative shareholding to 45.65 million shares, which equates to an 11.98 percent stake.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the standard reporting requirements for significant stakeholders within the stock market. The buying and selling activities by Abdul Ghani represent a moderate move in terms of percentage change in his overall shareholding position in Javedan Corporation Limited.

The transactions highlight the dynamic nature of shareholder activities within the designated market category, where significant stakeholders make strategic decisions regarding their investment portfolios.