Karachi: Crescent Star Insurance Limited has announced that certain transactions involving its shares have been executed by the company's directors, executives, substantial shareholders, and their immediate family members. This disclosure is in compliance with the Pakistan Stock Exchange Regulation 5.6.4, which mandates transparency in such dealings.
On April 29, 2025, Crescent Star Insurance Limited reported a transaction involving the purchase of 630,000 shares at a rate of 7.03 per share. The transaction was categorized under the Central Depository Company (CDC) and falls under the regular market category.
According to information available from the Pakistan Stock Exchange (PSX), following this transaction, the cumulative shareholding of Crescent Star Insurance Limited now stands at 5,211,236 shares, accounting for 29.22% of the company's total shareholding. The disclosure of these transactions is critical for maintaining market transparency and ensuring that stakeholders are informed of substantial changes in shareholding patterns.