Shares Sold by First UDL Modaraba Staff Provident Fund Mark Minor Move at Udl International Limited

Karachi: Udl International Limited has disclosed a transaction executed by an associated company, impacting its shareholding dynamics. The update, dated November 7, 2025, relates to a sale of shares carried out by the First UDL Modaraba Staff Provident Fund.

The transaction, which occurred on November 6, 2025, involved the sale of 27,000 shares at a rate of 20.47 per share in the ready market. This sale resulted in a cumulative shareholding of 90,000 shares, marking a minor move with a 0.26% change.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure emphasized that the transaction details will be reviewed in an upcoming board meeting. The transaction's nature and its subsequent acknowledgment in the board meeting underline the procedural adherence by Udl International Limited.

The company remains within the Karachi designated market category, as it navigates these shareholding changes and their implications for its associated entities.