📉 TSBL: SELL Signal (6/10) – Disclosure of Interest by a Director, CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/s 5.6.4 of PSX Regulations

📌 Key Takeaways

• 🚨 Insider Sale: Mr. Ahmad Kamal sold 24,000 shares.
• 📅 Transaction Date: Sale occurred on November 05, 2025.
• 💰 Price per Share: Shares sold at PKR 29.00 each.
• 📄 Form of Shares: Shares were held in CDC (Central Depository Company) form.
• 💹 Transaction Type: Sale executed through the ready market.
• 🏢 Regulatory Compliance: Disclosure made under PSX Rule Book 5.6.4.
• 👤 Seller Details: Mr. Ahmad Kamal identified by CNIC # 42201-0470492-3.
• 📉 Potential Price Impact: Insider selling may exert downward pressure on TSBL’s stock price.
• 🧐 Market Sentiment: Investors might interpret this sale negatively, indicating a lack of confidence.
• 🧾 Disclosure Purpose: Aims to maintain transparency and prevent insider trading.
• 🔍 Monitoring Required: Further observation needed to assess impact on TSBL’s trading volume and price stability.
• 💼 Company Notification: TSBL sponsor notified the exchange about the transaction.

🎯 Investment Thesis

Given the insider selling, a HOLD/SELL recommendation is appropriate. While not definitively bearish, it warrants caution. Investors should monitor TSBL’s subsequent trading patterns and news for further signals. A potential price target would depend on further financial analysis and sector comparisons, requiring more information. Time horizon: Short to Medium Term, pending more data.