Karachi: National Foods Limited has announced a transaction involving its executive, Shahzad Mukhtar Deshmukh, highlighting compliance with MX Regulation 5.6.4. The disclosure, dated May 29, 2026, reports a share transaction executed on May 25, 2026, by Shahzad Mukhtar Deshmukh.
According to the disclosure, Shahzad Mukhtar Deshmukh, an executive at National Foods Limited, conducted a purchase of 200 shares in the company through the Central Depository Company (CDC) in the ready market. The transaction was completed at a rate of 372.521563 per share. Following this transaction, the cumulative number of shares held by the executive resulted in a cumulative percentage of 0.00%.
According to information available from the Pakistan Stock Exchange (PSX), this transaction is part of standard procedure for substantial shareholders, directors, CEOs, and executives of listed companies to disclose their share dealings. The MX Regulation 5.6.4 mandates such disclosures to ensure transparency and regulatory compliance within the market.
This disclosure is expected to be closely monitored by investors and analysts, given the importance of executive transactions in influencing shareholder perceptions and market dynamics. The designated market category for this transaction is the ready market.