Karachi: Societe Generale Pvt. Limited, a substantial shareholder of Telecard Limited, has executed a significant transaction involving the sale of 325,000 shares in the company. This transaction was carried out on May 29, 2025, in the ready market, with each share sold at a rate of 8.30, as reported by the Pakistan Stock Exchange (PSX).

According to information available from the Pakistan Stock Exchange (PSX), after this sale, the cumulative number of shares held by Societe Generale Pvt. Limited now stands at 54,587,046, representing a cumulative percentage of 16.12% of the total shares of Telecard Limited.

This disclosure of interest is in compliance with PSX Regulation 5.6.4, which mandates the reporting of transactions executed by directors, CEOs, executives, substantial shareholders, and their immediate families in the shares of the company. Telecard Limited is categorized under the designated market category for maintaining transparency and regulatory compliance.