Karachi: A significant transaction involving shares of Sindh Abadgars Sugar Mills Limited was reported on October 13, 2026. The disclosure was made in accordance with the Pakistan Stock Exchange (PSX) regulations, specifically under clause 5.6.1.(d), which mandates the reporting of interests by directors, CEOs, executives, and substantial shareholders, including their spouses and minors.

The transaction was executed by Pehlaj Rai, a substantial shareholder of the company. On October 7, 2026, Rai conducted a purchase transaction involving 782 shares at a rate of 309.57 per share. This acquisition brings his cumulative shareholding in the company to 1.06 million shares, representing a 10.13% stake in Sindh Abadgars Sugar Mills Limited.

According to information available from the Pakistan Stock Exchange (PSX), the transaction falls under the market category 'Ready'. The cumulative percentage of shares held by Rai post-transaction indicates a substantial involvement in the company's shareholding structure.