Karachi: In a recent disclosure under PSX Regulation 5.6.4, Crescent Star Insurance Limited announced the sale of shares by its key executives and substantial shareholders. According to the information released, the transaction involved the sale of 630,000 shares at a rate of 6.90 per share.
The transaction, which took place on April 28, 2025, was conducted in the Regular Market. This sale has resulted in a cumulative shareholding of 4,581,236 shares, which constitutes 25.69% of the company's total shares.
According to information available from the Pakistan Stock Exchange (PSX), the sale was executed by a director, CEO, executive, or a substantial shareholder of Crescent Star Insurance Limited, including their spouses and minors. The shares were held in the Central Depository Company (CDC) form.
The transaction reflects significant movements within Crescent Star Insurance Limited, a company categorized under the designated market category of insurance. The disclosure is part of regulatory compliance to ensure transparency in the trading activities of those in key positions within the company.