Karachi: Quice Food Industries Ltd. disclosed transactions involving shares by Mohammad Munir Mohammad Ahmed Khanani Securities Limited, a substantial shareholder, following the Pakistan Stock Exchange (PSX) regulations dated June 10, 2026.
The company detailed the transactions involving the purchase and subsequent sale of shares within the month of February 2026. According to the records, on February 16, 2026, Mohammad Munir Mohammad Ahmed Khanani Securities Limited purchased 7,485 shares at a rate of 27.00 Pakistani Rupees per share. This transaction brought the cumulative number of shares held by the shareholder to 14,577,885, representing 14.81% of the company’s shares.
Subsequently, on February 23, 2026, the same shareholder sold an equivalent number of shares — 7,485 — at a rate of 26.00 Pakistani Rupees per share. This sale adjusted the cumulative holdings to 14,570,400 shares, equivalent to 14.80% of the total shares. According to information available from the Pakistan Stock Exchange (PSX), these transactions highlight the investment activity by key stakeholders in Quice Food Industries Ltd.
The company confirmed that these transactions will be addressed in an upcoming board meeting, adhering to the compliance requirements set forth by the Pakistan Stock Exchange under clause 5.6.4. Additionally, Quice Food Industries Ltd. stated that the holding period for these transactions exceeds six months. Should the holding period be less than six months, any profits derived from the transactions would be deposited with the Securities and Exchange Commission of Pakistan (SECP) as mandated by Section 105 of the Securities Act, 2015, with due notification to the PSX.