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Karachi, Packages Limited has revealed that Mrs. Perwin Babar Ali, the spouse of Syed Babar Ali, an Executive at the company, executed a share transaction on July 25, 2023.
The transaction involved the purchase of 102,059 shares at a rate of Rs. 383.14 per share through the Central Depository Company (CDC) in the Ready market.
As per regulatory requirements, companies are obligated to disclose any share transactions conducted by their Directors, CEO, Executives, and their spouses or substantial shareholders to ensure transparency and prevent any potential conflicts of interest.
By providing timely information about this insider share transaction, Packages Limited demonstrates its commitment to corporate governance and keeping shareholders informed about significant developments within the company.
The post Packages Limited Discloses Insider Share Transaction by Executive’s Spouse appeared first on Pakistan Company News.