Lucky Core Industries Executive Sells Shares in Minor Move

Karachi: An executive from Lucky Core Industries Limited executed a transaction involving the sale of shares, according to a disclosure issued under the Pakistan Stock Exchange (PSX) regulations. On July 17, 2025, Mr. Muhammad Shahzad, an executive of the company, sold a small number of shares in a move classified as a Minor move.

The transaction involved the sale of two shares at a price of 1,787.01 per share. The shares were handled through the Central Depository Company (CDC) in the ready market. Following the sale, Mr. Shahzad's cumulative shareholding in Lucky Core Industries Limited stands at zero shares, representing no percentage of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), it is required that such transactions be disclosed and subsequently presented in the company's board meeting. Lucky Core Industries has confirmed that this transaction will be presented at their next board meeting, in accordance with clause No. 5.6.4 of PSX Regulations. The company has pledged to confirm the details to the Exchange after the meeting.

This transaction is of interest as it reflects compliance with regulatory requirements for executives of publicly listed companies. Lucky Core Industries Limited falls under the designated market category of industrials, known for its adherence to transparency and governance standards. The company's disclosure aims to keep the exchange and its members informed of significant activities by its executives.