Shahtaj Sugar Mills Non-Executive Director Sells Shares

Karachi: Shahtaj Sugar Mills Limited has announced a transaction involving its shares, as reported under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The disclosure pertains to a sale executed by Mr. Abid Nawaz, a non-executive director of the company.

According to the information disclosed, Mr. Nawaz sold 5,000 shares of Shahtaj Sugar Mills on May 7, 2025. The shares were sold at a rate of 126.00 per share in the ready market. Following this transaction, Mr. Nawaz now holds a cumulative total of 206,109 shares in the company, representing a cumulative percentage of 1.72% of the company’s total shares.

According to information available from the Pakistan Stock Exchange (PSX), this transaction falls under the designated market category of the ready market. The disclosure of such transactions is in compliance with the regulatory requirements set forth by the PSX to ensure transparency and inform stakeholders of changes in shareholding by relevant persons associated with the company.