Karachi: Wafi Energy Pakistan Limited, previously known as Shell Pakistan Limited, has disclosed a recent transaction involving the company's shares, as mandated by Pakistan Stock Exchange Regulation 5.6.4. The disclosure highlights a transaction executed by one of the company's independent directors, providing transparency in shareholding activities.
On April 16, 2025, Ayesha Khan, an independent director at Wafi Energy Pakistan Limited, engaged in a transaction classified under the "Ready" market category. According to the details provided, Khan purchased a total of 100 shares at a rate of 185.17 per share. This acquisition brings the cumulative number of shares held by Khan to 100, representing a cumulative percentage of 0.00.
The disclosure of this transaction aligns with regulatory requirements designed to maintain transparency and accountability among company officials and their immediate family members in relation to share dealings. According to information available from the Pakistan Stock Exchange (PSX), the transaction was conducted in accordance with the specified regulations, ensuring compliance with the established guidelines.
The disclosure underscores the company's commitment to transparency in financial dealings, as required by regulatory authorities. Such disclosures are essential for maintaining trust and integrity in the stock market, particularly in transactions involving high-level company officials and their affiliates.