Karachi, (PPI Bot): In recent disclosures made to the Pakistan Stock Exchange (PSE), it has been revealed that Toima Asghar, a senior management executive, has sold a substantial number of shares in their company. The transactions, which took place on November 17, 2023, involved the sale of 500 shares at a rate of 444.33 and an additional 200 shares at a rate of 445.33. The shares were in the form of CDC Ready certificates. These disclosures are in accordance with the provisions of Section 5.6.1(d) of PSX Regulations, which require the reporting of any interest in the company by its directors, CEOs, executives, and their spouses, as well as substantial shareholders.

It is worth noting that the disclosures come amidst ongoing efforts to ensure transparency and compliance with regulatory requirements in the Pakistani stock market. Any non-compliance with these regulations can result in penalties and fines, emphasizing the importance of accurate and timely reporting by individuals with significant interests in listed companies.