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Karachi, Cordoba Logistics & Ventures Limited has reported a transaction involving shares by its Executive Director, Danish Elahi, to the Pakistan Stock Exchange. The transaction, involving 7.43 shares, was executed on April 29, 2023, and categorized as a purchase in the ready market.
The company disclosed that this transaction would be reviewed in the upcoming board meeting to address any potential non-compliance issues as mandated by PSX Regulation 5.6.1(d). It was confirmed that if the holding period of the shares is less than six months, the profit from this transaction would be submitted to the Securities and Exchange Commission of Pakistan (SECP) in compliance with Section 105 of the Securities Act, 2015.