Shifa International Hospitals Ltd. Director Sells Shares, Triggers Market Reaction

Islamabad: Shifa International Hospitals Ltd. disclosed a series of share transactions involving Mohammad Salim Khan, an independent director, as per the company's filing with the Pakistan Stock Exchange (PSX). The transactions occurred over three consecutive days in late July 2025.

According to the disclosure, Khan executed three separate sales of shares in the company. On July 28, he sold 7,947 shares at a rate of 551.02 per share, which left him with a cumulative holding of 33,000 shares, representing 0.05% of the company. The following day, he sold an additional 8,000 shares at 533.21 per share, reducing his total to 25,000 shares, or 0.04% of the company. On July 30, Khan completed the sale of 4,996 shares at 538.54 per share, leaving him with a remaining total of 20,004 shares, accounting for 0.03% of the company's stock.

According to information available from the Pakistan Stock Exchange (PSX), these transactions fall under the category of a Minor move, which denotes a minimal impact on the market.

The cumulative percentage of shares held by Khan following these transactions indicates a noticeable decrease, though it remains within the lower spectrum of shareholder influence. As an independent director, such transactions are monitored closely to ensure transparency and compliance with market regulations.

The designated market category for these transactions is the CDC Ready Market. Shifa International Hospitals Ltd. has communicated these developments to the TRE Certificate Holders of the Exchange, ensuring adherence to PSX regulations.