β‘ Flash Summary
Crescent Star Insurance Limited, a substantial shareholder of SG Power Limited, increased its stake in the company. On October 30, 2025, Crescent Star Insurance purchased 370,000 shares at a rate of PKR 11.85 per share. Following this transaction, Crescent Star Insurance’s total shareholding in SG Power Limited increased to 6,011,236 shares, representing 33.71% of the company’s total shares. This disclosure is in compliance with PSX Regulations 5.6.4.
π Key Takeaways
- π Crescent Star Insurance increased its holding in SG Power Limited.
- π’ The transaction involved the purchase of 370,000 shares.
- π° The purchase price was PKR 11.85 per share.
- ποΈ The transaction date was October 30, 2025.
- π The form of share certificate is CDC.
- π The market for the transaction was REG (Regular).
- β The nature of the transaction was a BUY.
- π― Post-transaction, Crescent Star Insurance holds 6,011,236 shares.
- βοΈ This represents 33.71% of SG Power Limited’s total shares.
- π The disclosure is under PSX Regulation 5.6.4.
- π The transaction indicates confidence from a substantial shareholder.
- π¦ Crescent Star Insurance is identified as the relevant person.
- βΉοΈ This suggests a potentially positive outlook for SG Power Limited.
- π§Ύ Form-29 was used for the disclosure, dated 31/10/2025.
π― Investment Thesis
Based on this disclosure, a HOLD position is recommended, pending further fundamental analysis. The increased stake by Crescent Star Insurance is a positive indicator, but it needs to be supported by strong financial performance and growth prospects to warrant a BUY recommendation. Monitor future financial disclosures.
Disclaimer: AI-generated analysis. Not financial advice.