Lahore: Packages Limited has disclosed a significant transaction involving the transfer of company shares by a non-executive director. This transaction was reported under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, pertaining to the disclosure of interest by relevant individuals holding company shares.

The transaction details reveal that Syed Shahid Ali Shah, a non-executive director of Packages Limited, executed a share transfer characterized as a "gift out." The transfer involved 25,659 shares, which were documented in the Central Depository Company (CDC) format. Following this transaction, the cumulative number of shares held by Mr. Shah stands at 127,486, representing 0.14 percent of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was conducted on April 25, 2025, in the non-direct market (NDM) category. The rate assigned to the gifted shares was recorded at 0.00, indicating a transfer without monetary consideration.

This disclosure is notable for stakeholders and investors tracking the movements of significant shareholders in Packages Limited, a company categorized under the designated market category of manufacturing and packaging. The transaction underscores the importance of transparency in shareholding, as mandated by the PSX regulations.