Karachi: In a recent disclosure under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, Pak Agro Packaging Limited has announced significant share dealings involving key figures within the company. The transactions, dated April 10, 2026, involve substantial movements in the holdings of its directors.
According to the details provided, Safdar Ali Butt, a Non-Executive Director of the company, executed a sale of 770,000 shares at a rate of 9.00 per share on April 8, 2026. This transaction resulted in a cumulative holding of 770,000 shares, constituting a 3.85% stake in the company. The move has been classified as a significant move due to the substantial percentage involved.
In a concurrent transaction, Twig Javed, the Executive Director, acquired 770,000 shares at the same rate of 9.00 per share on the same date. This purchase also resulted in a cumulative holding of 770,000 shares, marking a similar 3.85% stake in the company. This acquisition is also classified as a significant move.
According to information available from the Pakistan Stock Exchange (PSX), these transactions represent a strategic shift in the shareholding pattern of Pak Agro Packaging Limited, a company listed under the Growth Enterprise Market (GEM) category. The exact reasons behind these transactions remain undisclosed, but they highlight noteworthy shifts in the company’s internal share distribution.