Karachi: In a recent disclosure to the Pakistan Stock Exchange, Service GlobalFootwear Limited reported a significant share transaction executed by a substantial shareholder. The disclosure, dated July 18, 2025, highlighted the sale of 8.68 million shares by Service Industries Limited, a substantial shareholder, at a rate of 78.06 per share. This transaction was conducted through the Central Depository Company (CDC) in a Negotiated Deal Market (NDM) setting.

According to information available from the Pakistan Stock Exchange (PSX), the cumulative number of shares held by Service Industries Limited following this transaction stands at 154.87 million, accounting for a cumulative percentage of 75.16% of the company's shareholding.

The transaction falls under the category of a very large or significant move, reflecting a substantial shift in the shareholding pattern of Service GlobalFootwear Limited. This development is expected to be closely monitored by market participants, given its potential implications on the designated market category and the company's future strategic directions.