Karachi: In a recent disclosure, Nestle Pakistan Limited reported a series of stock transactions executed by the spouse of one of its directors, underscoring the company's adherence to regulatory compliance. The transactions, carried out by Maimoona Faisal, spouse of Director Faisal Nadeem, involved the purchase of shares in Nestle Pakistan Limited. According to the company's statement, these transactions were conducted on June 16, 2026, in compliance with regulations 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book.
The transactions comprised a total of 91 shares, acquired at different rates ranging from Rs 7,739.90 to Rs 7,780.00 per share. Each purchase was executed in the Central Depository System (CDS) under the 'Ready' market category. The cumulative number of shares held by Maimoona Faisal post-transactions amounted to 300, reflecting a cumulative percentage holding of 0.0006%.
According to information available from the Pakistan Stock Exchange (PSX), these transactions will be reviewed in the upcoming Board meeting of Nestle Pakistan Limited. The review will focus on ensuring compliance with the necessary regulatory framework and will address any non-compliance issues, if identified, as required under clause No. 5.6.4 of PSX regulations.
Nestle Pakistan Limited affirmed its commitment to transparency and regulatory adherence, confirming that all relevant details of the transactions would be duly presented to the Exchange.