Karachi: Waves Home Appliances Limited has disclosed significant share transactions involving its substantial shareholder, Waves Corporation Limited, in accordance with the Pakistan Stock Exchange (PSX) regulations. As reported on September 3, 2026, these transactions are part of a regulatory filing required under section 5.6.1.(d) of PSX regulations.
The substantial shareholder, Waves Corporation Limited, executed two separate transactions on August 27, 2026. The first transaction involved the purchase of 13.88 million shares at a rate of 9.23 per share. This acquisition brought the cumulative number of shares held by Waves Corporation Limited to approximately 105.88 million, representing 39.52% of the total shareholding.
In a subsequent transaction on the same day, Waves Corporation Limited sold an equivalent number of shares, 13.88 million, at a rate of 9.11 per share, reducing their cumulative shareholding to 92.00 million, accounting for 34.34% of the company’s shares.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect strategic movements by one of the company's substantial shareholders. The operations were conducted in the market categories labeled as NDM and Ready, respectively.
These transactions are significant in the context of Waves Home Appliances Limited’s market activities and reflect the ongoing dynamics among its major stakeholders.