Karachi: National Foods Limited has disclosed a series of transactions executed by an executive in its shares, as per regulatory requirements set by the Pakistan Stock Exchange (PSX). The disclosure, dated June 12 and 13, 2025, involves Shahzad Mukhtar Deshmukh, an executive of the company, and details the sale and purchase of shares in the company.

On June 12, 2025, Shahzad Mukhtar Deshmukh sold 200 shares at a rate of Rs. 298.00 per share. The transaction was conducted in the Central Depository Company (CDC) format within the ready market. Following this transaction, the cumulative number of shares held was 500.

On the same day, Deshmukh purchased another 200 shares at a rate of Rs. 300.00 per share, bringing the cumulative shareholding to 700. The following day, June 13, 2025, he made an additional purchase of 200 shares at a rate of Rs. 281.41 per share, resulting in a cumulative total of 900 shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions by Deshmukh will be presented in an upcoming board meeting. The presentation will highlight any non-compliance issues for consideration, as required under clause No. 5.6.4 of PSX Regulations.

The company confirmed that the holding period for these transactions exceeds six months. In instances where the holding period is less than six months, any profit generated is required to be deposited with the Securities and Exchange Commission of Pakistan (SECP) as per section 105 of the Securities Act, 2015, with notification to the PSX.

The designated market category for these transactions remains the ready market, as indicated in the company's disclosure.