Lahore: Shakarganj Limited's Executive Director, Ali Altaf Saleem, has disclosed a transaction involving the gifting of company shares, as per PSX Regulation 5.6.4. The disclosure was made public in compliance with the Pakistan Stock Exchange's (PSX) rules regarding the declaration of interests by key company figures and their immediate families.

The transaction, dated December 5, 2024, involved the gifting of 295,000 shares by Ali Altaf Saleem. Following the transaction, the cumulative number of shares held by the executive director stands at 2,727, representing a cumulative percentage of 0.00 percent.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was categorized under "GIFT OUT," indicating that the shares were transferred without any exchange of monetary value. The form of the share certificate involved in the transaction was identified as CDC, reflecting the electronic holding of shares.

This disclosure highlights the adherence to regulatory requirements by company executives in ensuring transparency and accountability in shareholding activities.