Lahore: Mitchells Fruit Farms Limited has reported a transaction involving the acquisition of shares by a non-executive director, as disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transaction details, dated November 24, 2025, were made public as part of the company’s regulatory obligations.
Kashif Sabad Sheikh, a non-executive director of Mitchells Fruit Farms Limited, executed a transaction to purchase 500 shares of the company. The shares were acquired through the Central Depository Company (CDC) at a rate of 194.00500 per share, resulting in a cumulative percentage of 0.02% of the company’s shares. This transaction is classified as a minor move due to the percentage change involved.
According to information available from the Pakistan Stock Exchange (PSX), all such transactions undertaken by directors, executives, or substantial shareholders, including their spouses and minors, must be promptly presented by the company secretary at the subsequent board of directors meeting. Additionally, any profits derived from transactions executed within a six-month period are subject to specific regulatory requirements, including depositing equivalent profits with the Securities and Exchange Commission of Pakistan (SECP).
The company is required to update these transaction details immediately in the Universal Identification Number (UIN) Management System, ensuring compliance with the regulatory framework set forth by the PSX. Mitchells Fruit Farms Limited remains obligated to adhere to these disclosure norms to maintain transparency and uphold market integrity.