Saif Power Limited Executive Sells Shares Amidst Market Movements

Karachi: Saif Power Limited has disclosed recent transactions involving its non-executive director, Mr. Assad Saifullah Khan, who executed significant share sales. The disclosure, dated June 16, 2026, falls under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, requiring public reporting of transactions by relevant company personnel.

Mr. Assad Saifullah Khan sold a total of 36,733 shares on June 12, 2026, at a rate of 9.27 per share, and an additional 92,288 shares on June 15, 2026, at a rate of 9.32 per share. These transactions resulted in a cumulative holding of 8.71 million shares, translating to a cumulative percentage of 2.25% of the company’s total shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions highlight ongoing activities within the designated market category, reflecting a big move with a decrease from 2.28% to 2.25% in Mr. Khan’s cumulative holding percentage.

The transactions were executed in the CDC ready market, further indicating active participation by company insiders in the market dynamics. This series of sales comes amidst fluctuating market conditions, as observed through the lens of these disclosed transactions.