Lahore: Packages Limited announced a significant transaction involving the transfer of shares between notable stakeholders, highlighting compliance with Pakistan Stock Exchange (PSX) regulations. The disclosure was made as per PSX Regulation 5.6.4, aimed at maintaining transparency in shareholding activities.

According to the details released on October 13, 2025, a transaction was executed involving the transfer of shares by a key executive and a substantial shareholder within the company. The transaction, dated October 10, 2025, involved Syed Babar Ali, an executive at Packages Limited, who donated 51,344 shares. This transaction did not affect the overall shareholding percentage, which remained at 0.00%.

The shares were transferred to the Babar Ali Foundation, a substantial shareholder, marking a donation-in transaction. This transfer increased the foundation's cumulative shareholding to 10,103,227 shares, maintaining an 11.30% stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are governed by stringent regulations requiring immediate disclosure and compliance with the Securities Act, 2015. Packages Limited ensures that all transactions are presented to the Board of Directors and documented as per regulatory requirements.

The company emphasized the adherence to holding periods and the prohibition of share dealings during closed periods. Additionally, details of the transaction were promptly updated in the Unique Identification Number (UIN) Management System to reflect the changes in shareholding.