Karachi: On May 6, 2026, S.G. Power Limited announced a notable transaction involving the sale of company shares by its Executive Director, Mr. Sohail Ahmed. The transaction details were disclosed to the public, highlighting a change in the director’s shareholding within the company.
According to the information provided, Mr. Ahmed executed a sale of 10,000 shares of S.G. Power Limited on May 4, 2026. The shares were transacted at a rate of Rs. 52.21 each through the Central Depository Company (CDC) system. This sale resulted in Mr. Ahmed’s cumulative shareholding adjusting to 741,000 shares, equivalent to 4.16% of the company’s total shares.
The disclosure of this transaction is significant within the designated market category, as it reflects a strategic decision by a key executive within S.G. Power Limited. According to information available from the Pakistan Stock Exchange (PSX), such movements in executive shareholding can often influence investor perceptions and market dynamics.
This latest sale by Mr. Ahmed is part of a broader trend observed among executives who adjust their stakes based on personal or strategic reasons. The impact of this transaction on S.G. Power Limited’s stock performance and investor sentiment will be closely monitored in the coming days.