Lahore: Packages Limited has disclosed a notable transaction involving the transfer of shares by an executive and a substantial shareholder, according to a notification under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. This information was released following the execution of the transaction, which took place on April 9, 2025.

The transaction involved Syed Babar Ali, an executive of Packages Limited, and the Babar Ali Foundation, categorized as a substantial shareholder of the company. According to the details provided, Syed Babar Ali donated 123,978 shares to the Babar Ali Foundation. The shares were transferred under the Central Depository Company (CDC) in the Non-Deliverable Market (NDM) category. The donation was executed at a rate of 0.00 per share.

Following this transaction, the cumulative number of shares held by the Babar Ali Foundation now stands at 10,051,883, representing a cumulative percentage of 11.25% of Packages Limited's shareholding. The disclosure indicates a strategic movement of shares within the organization, impacting the substantial shareholder's position.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are required to be disclosed under specific regulatory frameworks to maintain transparency and provide stakeholders with relevant updates on shareholding patterns within publicly listed companies.

This transaction has been categorized under the designated market category of Non-Deliverable Market, as per the regulations governing the trading and transfer of shares in the local stock exchange.