Lahore: Mitchells Fruit Farms Limited has announced a recent transaction involving its shares, as disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. On November 20, 2025, the company issued a disclosure regarding the acquisition of shares by one of its independent directors.
Babur Sultan, serving as an Independent Director at Mitchells Fruit Farms Limited, executed a transaction involving the purchase of 500 shares. The shares were acquired through the Central Depository Company (CDC) on November 19, 2025, at a rate of 194.00500 per share. The cumulative percentage of the shares held by Mr. Sultan now stands at 0.02.
According to information available from the Pakistan Stock Exchange (PSX), transactions executed by directors, CEOs, executives, substantial shareholders, their spouses, and minors must be presented by the Company Secretary at the subsequent Board of Directors meeting. These extracts will be submitted via Form-30 of the Correspondence Manual through PUCARS.
In compliance with regulatory requirements, the holding period for such transactions must exceed six months. If it falls within this period, any profit must be deposited with the Securities and Exchange Commission of Pakistan (SECP) as stipulated by Section 105 of the Securities Act, 2015, with appropriate notification to the PSX.
Furthermore, the company is required to promptly update the relevant details in the UIN Management System to ensure transparency and regulatory compliance.