Karachi: SG Power Limited has announced a sale of shares by Mr. Sohail Ahmed, an Executive Director, which has resulted in a notable shift in the company’s shareholding structure. The disclosure, dated April 28, 2026, outlines details of the transaction that took place earlier in the month.
On April 24, 2026, Mr. Ahmed executed the sale of 10,000 shares of SG Power Limited at a rate of Rs. 48.42 per share. This transaction was conducted in the Central Depository Company (CDC) form. Following this sale, the cumulative shareholding of Mr. Ahmed in SG Power Limited has now been adjusted to 338,154 shares.
According to information available from the Pakistan Stock Exchange (PSX), this transaction represents a 1.95% change in Mr. Ahmed’s shareholding, classified as a Big move. This adjustment in shareholding will be presented at the upcoming Board meeting for consideration, in compliance with clause 5.6.1 of PSX Regulations.
The sale of shares by a director often attracts scrutiny from investors and analysts, as it can signal various strategic or personal financial decisions. The market will be closely monitoring any announcements or discussions that may follow in the subsequent Board meeting.