Karachi: Saif Power Limited has disclosed a notable transaction involving its non-executive director, Mr. Assad Saifullah Khan, as per the Pakistan Stock Exchange regulations. The company reported on October 21, 2026, that Mr. Khan executed a sale of shares earlier in the week.

According to the disclosure, Mr. Assad Saifullah Khan sold 471,000 shares on October 19, 2026. The shares were offloaded at a rate of 8.50 per share, culminating in a cumulative holding of 7,833,499 shares, representing 2.03% of the company's total shareholding.

This transaction falls under the category of a big move, considering the impact of the sale on Mr. Khan's overall share percentage. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are required to ensure transparency and maintain investor trust in the market.

The transaction was executed in the ready market, with the share certificates being in the form of Central Depository Company (CDC) holdings. As per the PSX regulations, these disclosures are crucial for maintaining the integrity of the designated market category and ensuring that significant movements are communicated promptly to all stakeholders involved.