Karachi: Waves Home Appliances Limited has disclosed significant share transactions executed by its substantial shareholder, Waves Corporation Limited, according to a regulatory filing. The transactions occurred on March 30, 2026, as per the disclosure made under Pakistan Stock Exchange Regulation 5.6.4.
On March 30, Waves Corporation Limited engaged in two substantial share transactions. Initially, the company acquired 13.20 million shares at a rate of 7.13 per share. This acquisition increased its cumulative shareholding in Waves Home Appliances Limited to approximately 147.75 million shares, representing a 55.15% stake in the company.
Subsequently, Waves Corporation Limited sold an equivalent number of shares, 13.20 million, at a slightly lower rate of 7.05 per share. Following this sale, the company’s cumulative shareholding decreased to approximately 134.55 million shares, resulting in a 50.22% stake. The transactions reflect a very large or significant move in the company’s shareholding percentages.
According to information available from the Pakistan Stock Exchange (PSX), these transactions by Waves Corporation Limited are part of a strategic adjustment in their holdings within Waves Home Appliances Limited. The transactions have implications for the company’s market position and shareholder dynamics.
The disclosed transactions highlight Waves Corporation Limited’s active engagement in managing its investment portfolio within the designated market category of home appliances.