Karachi: Chashma Sugar Mills Limited disclosed a significant transaction involving one of its key figures in compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4. On April 8, 2025, Mr. Abbas Sarfaraz Khan, a non-executive director of the company, executed a transaction involving the purchase of additional shares.

The transaction, categorized under the ‘Ready’ market segment, involved the acquisition of 35,000 shares at a rate of 58.33 per share. Following this transaction, Mr. Khan’s cumulative holding in the company stands at 942,505 shares, representing 3.28% of the company’s total shares.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are required to be disclosed by directors, executives, and substantial shareholders, including their spouses and minors, to ensure transparency and compliance with regulatory requirements.

Chashma Sugar Mills Limited operates within the designated market category of the Pakistan Stock Exchange, adhering to the regulations that govern shareholding disclosures. This transaction highlights the active involvement of company directors in managing their stakes, as per the regulatory framework.