Islamabad: Shifa International Hospitals Limited has announced a recent transaction involving its senior management, specifically Mr. Mohsin Qazi, who has increased his stake in the company. On January 9, 2025, Mr. Qazi, who is part of the hospital's senior management, executed a buy transaction of 2,705 shares at a rate of 368.55 per share. This transaction was carried out through the Central Depository Company (CDC), increasing Mr. Qazi's cumulative number of shares to 3,705, which represents a cumulative percentage of 0.01%.
According to information available from the Pakistan Stock Exchange (PSX), this transaction falls under the disclosure requirements for directors, CEOs, executives, their spouses, and substantial shareholders as per PSX regulations. This disclosure is essential for maintaining transparency and informing TRE Certificate Holders of the Exchange about internal transactions within the company.
Shifa International Hospitals Limited operates within the healthcare sector, focusing on providing comprehensive medical services to its patients. The exchange of shares within the company's senior management is a routine part of corporate governance, aimed at ensuring that all market participants are informed about changes in shareholding patterns, especially those involving key executives.