Karachi, In a recent disclosure, shares of Packages Limited, a listed company, were transferred between company executives. The details of the transactions are as follows:

1. Syed Babar Ali, an executive of Packages Limited, executed a gift transaction on June 1, 2023. A total of 1,221,211 shares were transferred with a rate of 0.00. The form of share certificates used was CDC, and the market value is currently unavailable.

2. Syed Hyder Ali, an executive director of Packages Limited, also engaged in a gift transaction on the same day, June 1, 2023. The transfer involved 1,221,211 shares at a rate of 0.00. Similarly, CDC was used as the form of share certificates, and the market value remains unknown.

These transactions shed light on the movement of shares within Packages Limited and indicate the involvement of key individuals within the company. Further information regarding the purpose and implications of these transfers is yet to be disclosed. Shareholders and stakeholders of Packages Limited await additional details to better understand the context and significance of these transactions.