Lahore: Shakarganj Limited disclosed a recent transaction involving the acquisition of company shares by an independent director, as per regulatory requirements of the Pakistan Stock Exchange (PSX).
On January 8, 2026, Shakarganj Limited reported that Muhammad Adil Qureshi, an independent director of the company, executed a share purchase. According to the disclosure, the transaction was carried out in the ready market on January 1, 2026. Mr. Qureshi acquired 100 shares at a rate of 115.78 per share. The cumulative number of shares held by Mr. Qureshi following this transaction stands at 100, with a cumulative percentage of 0.00%.
According to information available from the Pakistan Stock Exchange (PSX), the disclosure is in compliance with Regulation 5.6.4, which mandates the reporting of transactions by directors, CEOs, executives, substantial shareholders, their spouses, and minors.
The transaction was executed via the Central Depository Company (CDC). Shakarganj Limited is categorized under the designated market category in the PSX, and such disclosures are instrumental in maintaining transparency within the market.