Karachi: Waves Home Appliances Limited announced a series of substantial transactions involving its shares, executed by Waves Corporation Limited, a substantial shareholder of the company. The transactions were disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, with details released on July 14, 2026.

According to information available from the Pakistan Stock Exchange (PSX), Waves Corporation Limited engaged in three notable transactions this week. On July 13, 2026, the shareholder sold 5.00 million shares at a rate of 8.74, resulting in a cumulative total of 107.00 million shares held, representing 39.94% of the company’s shares.

Further transactions were conducted on July 14, 2026. The first involved the sale of another 5.00 million shares at a rate of 8.36, reducing the cumulative number of shares held to 102.00 million, which translates to 38.08% of the company’s total shareholding. In a separate transaction on the same day, Waves Corporation Limited sold an additional 10.00 million shares at a rate of 8.75. This transaction brought the cumulative shareholding down to 92.00 million shares, equating to 34.34% of the total shares.

The transactions were executed in the ‘Ready’ and ‘NDM’ markets, reflecting significant moves in the shareholding structure of Waves Home Appliances Limited. The cumulative percentage changes indicate a very large or significant move, as the shareholder’s stake decreased substantially through these sales. The market category for these shares is designated under the Pakistan Stock Exchange.