Karachi: Khalid Jamil Siddiqi, an independent director of International Knitwear Limited, has recently increased his stake in the company by purchasing additional shares, according to a disclosure made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transaction details were released to inform stakeholders about the activities of key individuals associated with the company.

On May 2, 2025, Mr. Siddiqi executed a transaction to acquire 13,600 shares of International Knitwear Limited at a rate of 14.72 per share. This acquisition brings his total shareholding in the company to 18,600 shares, representing a cumulative percentage of 0.19% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was conducted in the ready market and involved shares held in the Central Depository Company (CDC) form.

The designated market category for this transaction is the ready market, which facilitates the trading of shares that are available for immediate delivery and settlement. The increase in Mr. Siddiqi's shareholding reflects his continued confidence in the company's prospects.