Non-Executive Director Sells Shares in National Foods Limited

Karachi: National Foods Limited has announced a recent transaction involving its shares, executed by a non-executive director. On July 15, 2025, Noreen Hassan, a non-executive director of the company, sold 10,000 shares at a rate of 353.97 Pakistani rupees per share. This transaction took place in the ready market, with the shares held in Central Depository Company (CDC) form.

Following this sale, the cumulative number of shares held by Noreen Hassan stands at 93,000, representing a cumulative percentage of 0.04% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are typically disclosed as part of regulatory requirements to maintain transparency and provide investors with essential information about changes in shareholding by directors and executives.

The sale of shares by a non-executive director falls under the designated market category, as it involves transactions executed within a regulated exchange. The movement in share price, in this case, indicates a minor move within the market.