Non-Executive Director’s Spouse Acquires Shares in Cordoba Logistics & Ventures Limited

Karachi: A recent disclosure from Cordoba Logistics & Ventures Limited has outlined share transactions executed by individuals closely associated with the company, as required under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.

According to the information provided, Raza Elahi, who is the spouse of Anum Raza, a non-executive director of Cordoba Logistics, engaged in a share purchase transaction on May 16, 2025. The transaction involved the acquisition of 10,000 shares at a rate of 15.55 per share. This purchase has increased the cumulative number of shares held by Raza Elahi to 2,153,885, representing a 2.99 percent stake in the company.

The transaction was conducted in the ready market, with the shares being held in the Central Depository Company (CDC) format. This disclosure is part of the mandatory reporting required for directors, CEOs, executives, substantial shareholders, their spouses, and minors concerning their shareholdings in the company.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are integral to maintaining transparency and ensuring that stakeholders are informed of significant shareholding changes within publicly listed companies. Cordoba Logistics & Ventures Limited operates within the designated market category of logistics and ventures.