Lahore: Service Industries Limited has disclosed a significant transaction involving its shares, as reported on August 11, 2026. This development pertains to its non-executive director, Mr. Shahid Malik, who has increased his holdings in the company.

According to the disclosure, Mr. Malik acquired 543 shares at a rate of 2,055.00 each. This transaction took place on August 4, 2026, and has resulted in Mr. Malik's cumulative shareholding rising to 2,683,761 shares, reflecting a cumulative percentage of 5.71% in the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), this transaction falls under the category of a 'ready market' acquisition. The PSX regulation 5.6.4 mandates such disclosures when directors, executives, or substantial shareholders engage in transactions affecting their shareholdings.

As per the designated market category, this transaction is classified as a 'buy,' marking a continued interest from Mr. Malik in enhancing his stake in Service Industries Limited. The acquisition of these shares by a non-executive director highlights ongoing confidence in the company's performance and future prospects.