Lahore: The Crescent Textile Mills Limited announced a significant transaction involving its Chief Executive Officer, Ahmad Shah. According to a disclosure of interest under the Pakistan Stock Exchange Regulation 5.6.4, Shah has executed a purchase of shares in the company.
The transaction, completed on June 5, 2025, involved the acquisition of 1,451 shares at a rate of 15.57 per share. This purchase was conducted through the Central Depository Company (CDC) in the ready market. Following this transaction, Ahmad Shah's cumulative shareholding in the company now stands at 22,629,356 shares, representing 22.63 percent of the total shares.
According to information available from the Pakistan Stock Exchange (PSX), transactions of this nature are required to be disclosed to ensure transparency and maintain investor confidence in the market. Crescent Textile Mills operates within the designated market category of textiles, a key sector in Pakistan's economy.
This disclosure highlights the continued interest and investment by company's top executive in the firm's performance and future prospects.