Karachi: In a recent transaction disclosed under the Pakistan Stock Exchange's Regulation 5.6.4, Mr. Shahzad Abdullah, an executive at Meezan Bank Limited, has executed a sale of shares in the bank. The report, dated September 22, 2026, provides detailed insights into the transaction.

Mr. Abdullah sold a total of 23,334 shares at a rate of 550.68 Pakistani Rupees per share. Despite the sale, his cumulative shareholding remains at 20,000 shares, indicating no change in his overall stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), the percentage of shares held by Mr. Abdullah did not fluctuate, remaining constant at 0%. This status reflects a stable position in the bank's executive shareholding.

The transaction was completed in the ready market on September 21, 2026, using the Central Depository Company (CDC) form of share certificate. The disclosure of this transaction is part of standard regulatory requirements to ensure transparency in the dealings of company executives.