Substantial Shareholder Sells Significant Stake in Yousaf Weaving Mills

Karachi: In a notable transaction within the textile sector, Mst. Andleeb Kausar, a substantial shareholder of Yousaf Weaving Mills Limited, executed a sale of 2,700,000 shares at a rate of 3.80 per share. The transaction, completed on March 25, 2025, was conducted in the Central Depository Company (CDC) format and classified under the ready market category.

According to information available from the Pakistan Stock Exchange (PSX), this transaction represents a significant movement within the shareholder structure of Yousaf Weaving Mills Limited. The company has confirmed that this transaction will be presented for consideration at the subsequent board meeting, as stipulated under clause 5.6.4 of the PSX Regulations.

The sale by Mst. Andleeb Kausar highlights ongoing shareholder activities within the textile industry, reflecting shifts in investment strategies among key stakeholders.