Lahore: Treet Corporation Limited, a substantial shareholder in Treet Battery Limited, executed significant share transactions recently, selling over 11 million shares of the company. According to a disclosure made on March 25, 2025, these transactions are in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which pertains to the disclosure of interest by relevant persons holding company shares.

On March 19, 2025, Treet Corporation Limited sold 5,059,678 shares at a rate of 13.67 per share in the ready market. Following this transaction, the cumulative number of shares held by Treet Corporation Limited stood at 742,700,866, representing 84.18% of the company's total shares.

Subsequently, on March 20, 2025, the corporation sold an additional 5,190,613 shares at a slightly higher rate of 13.70 per share. This transaction reduced their cumulative shareholding to 737,510,253 shares, or 83.59% of the total shares.

A final transaction was recorded on March 24, 2025, involving the sale of 884,979 shares at a rate of 13.38 per share. This brought the cumulative number of shares held by Treet Corporation Limited down to 736,625,274, accounting for 83.49% of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), these sales are part of routine transactions executed under the market category of ready market. The transactions reflect changes in shareholding patterns of Treet Battery Limited, a prominent entity in its sector.