Karachi: On May 27, 2025, Hafiz Muhammad Noman, an executive at K-Electric Limited, executed a significant transaction involving the company's shares. The transaction was conducted under the Pakistan Stock Exchange Regulation 5.6.4, which mandates the disclosure of interest by directors, CEOs, executives, substantial shareholders, their spouses, and minors.
According to information available from the Pakistan Stock Exchange (PSX), Hafiz Muhammad Noman sold a total of 30,000 shares of K-Electric. The shares were sold in the form of Central Depository Company (CDC) certificates in the ready market. The transaction was executed at a rate of 5.73 per share.
Following this sale, the cumulative number of shares held by Hafiz Muhammad Noman in K-Electric is zero, with a cumulative percentage of 0.00. This disclosure is in compliance with the PSX regulations, ensuring transparency and adherence to market standards.