Karachi: Siddiqsons Tin Plate Limited, a prominent player in the tin plate manufacturing industry, disclosed a notable transaction involving one of its senior management members, as per Pakistan Stock Exchange regulations.
The announcement, dated July 27, 2026, detailed a recent acquisition of shares by Sheryar Sajjad, a senior management executive at Siddiqsons Tin Plate Limited. According to the filing, Mr. Sajjad executed a transaction to purchase 100,000 shares at a rate of 7.91 each on July 24, 2026. This purchase increased his cumulative holding to 250,000 shares, representing a 0.00% cumulative percentage in the company's outstanding shares.
According to information available from the Pakistan Stock Exchange (PSX), the transaction was carried out through the Central Depository Company (CDC) mechanism, reflecting standard practice for such share dealings in the market.
This disclosure falls under the PSX Regulation 5.6.4, which mandates the reporting of transactions by directors, CEOs, executives, and substantial shareholders, including their spouses and minors, to ensure transparency and maintain market integrity in the designated market category.