Karachi: Saif Power Limited recently disclosed substantial share transactions executed by its directors and senior management, highlighting a notable transfer of shares as gifts. The information, released on November 12, 2025, reveals that these transactions involve key figures within the company, executed under the regulatory oversight of the Pakistan Stock Exchange.

According to the disclosure, Mr. Javed Saifullah Khan, a Non-Executive Director at Saif Power Limited, executed a significant gift transfer of shares amounting to 4,340,000. This transaction occurred on October 30, 2025, with the cumulative number of shares held by Mr. Khan now standing at 17,338,207, representing 4.49% of the company’s shares. The cumulative percentage experienced no change.

In a parallel transaction, Mr. Jehangir Saifullah Khan, a member of the senior management, received a gift of 2,170,000 shares. This transfer also took place on October 30, 2025, through the Central Depository Company (CDC) system. With this addition, Mr. Jehangir Khan’s total shareholding has increased to 2,174,313, equating to 0.56% of the company’s shares. The cumulative percentage in this case also saw no change.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are executed in compliance with Regulation 5.6.4, which governs disclosure of interest by substantial shareholders and executives. The regulatory framework mandates that these transactions be presented to the company’s Board of Directors at their subsequent meeting for formal acknowledgment, and extracts of the minutes must be submitted using Form-30 through PUCARS.

Saif Power Limited’s adherence to these regulations ensures transparency and accountability within the company’s shareholding practices. The company has reiterated its commitment to updating all requisite details in the UIN Management System to maintain compliance with statutory requirements.