Karachi: Shahtaj Textile Limited has disclosed recent share transactions conducted by its directors, as mandated by the Pakistan Stock Exchange's (PSX) Regulation 5.6.4. On May 12, 2025, two significant transactions were executed by members of the company's leadership, illustrating their active involvement in the company's stock market activities.

According to the details provided, Abid Nawaz, a non-executive director of Shahtaj Textile Limited, sold 3,200 shares at a rate of 70.00 per share. This transaction brought his cumulative shareholding to 177,872 shares, which constitutes 1.84% of the company's total shares.

On the same day, Muhammad Naeem, an executive director of the company, purchased an identical number of shares—3,200—at the same rate of 70.00 per share. This transaction increased his cumulative shareholding to 662,943 shares, representing 6.86% of Shahtaj Textile Limited's shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions highlight the directors' strategic movements within the market category of textile manufacturing, a key sector in Pakistan's economy. The transactions were executed in the ready market, reflecting the directors' decisions to adjust their holdings in response to market conditions.

These actions by the directors of Shahtaj Textile Limited provide insights into their investment strategies and confidence in the company's prospects. The disclosure is part of the company's compliance with PSX regulations, ensuring transparency and accountability in the trading activities of its key figures.