Spouse of Cherat Packaging Director Sells Shares Amid Compliance Disclosure

Karachi: In a recent transaction disclosed by Cherat Packaging Limited, Mrs. Sakina Pesnani, the spouse of company director Mr. Akbarali Pesnani, executed a sale of company shares. According to a notification dated January 13, 2026, the sale was conducted in compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding the company’s shares.

The transaction, executed on January 8, 2026, involved the sale of 1,500 shares at a rate of 103.00 per share. The shares were held in a Central Depository Company (CDC) account. Following the transaction, Mrs. Pesnani’s cumulative shareholding in Cherat Packaging Limited stands at nil, with a percentage holding of 0.000%, indicating no change in her overall shareholding status.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency and compliance within the designated market category. The transaction details align with regulatory requirements, underscoring the importance of clear communication in financial dealings involving significant stakeholders within publicly listed companies.