Karachi: In a recent disclosure to the Pakistan Stock Exchange (PSX), Saif Power Limited revealed noteworthy transactions involving its non-executive directors. The transactions, dated June 18 and 19, 2026, demonstrated a shift in shareholding by key executives of the company.
According to the official notice, Mr. Assad Saifullah Khan, a non-executive director, sold 400,000 shares on June 19 at a rate of PKR 10.30 per share. This divestment resulted in a cumulative holding of 8.30 million shares, which constitutes 2.15% of the company's total shares.
Meanwhile, Mr. Osman Saifullah Khan, also a non-executive director, conducted two separate transactions. According to information available from the Pakistan Stock Exchange (PSX), on June 18, he sold 450,000 shares at PKR 9.32 each, reducing his cumulative shares to 9.53 million, equivalent to 2.47% of the total. The following day, he further sold another 450,000 shares at PKR 10.31, bringing his total to 9.08 million shares, representing 2.35% of the company's total shares.
These transactions come under the regulation 5.6.4 of the PSX, which mandates disclosure of share dealings by executives and substantial shareholders. The Pakistan Stock Exchange (PSX) has stipulated this requirement to ensure transparency and fair trading practices within the designated market category.