Karachi: In a notable transaction on the Pakistan Stock Exchange (PSX), Societe Generale Pvt. Limited, a substantial shareholder in Telecard Limited, executed a sale of shares, according to a disclosure filed under PSX Regulation 5.6.4. This transaction, dated June 17, 2025, involved the sale of 500,000 shares at a rate of 8.12 per share.

Following this transaction, the cumulative number of shares held by Societe Generale Pvt. Limited stands at 54.09 million, with a cumulative percentage of 15.97% of the total shares in Telecard Limited. The sale represents a Minor move in the shareholder's portfolio, reflecting an adjustment in their stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), this transaction was executed in the ready market and involved shares in the form of Central Depository Company (CDC) certificates. The transaction by Societe Generale Pvt. Limited is part of regular disclosures required for directors, executives, and substantial shareholders when buying or selling shares in the company.

The telecommunications sector, under which Telecard Limited operates, remains a significant area of interest for investors on the Pakistan Stock Exchange. The transaction by Societe Generale Pvt. Limited indicates ongoing activity and investment adjustments within this designated market category.