Tata Textile Mills Limited Share Transaction by Director’s Spouse Disclosed

Karachi: Tata Textile Mills Limited has disclosed a recent share transaction involving a director's family member, executed in accordance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4. According to the official disclosure, Mrs. Bushra Tayyeb Afzal, the spouse of Mr. Tayyeb Afzal, an independent director of the company, conducted a transaction involving the sale of shares.

On June 2, 2025, Mrs. Afzal sold 4,000 shares of Tata Textile Mills Limited in the ready market. The shares were sold at a rate of 59.38. Following this transaction, Mrs. Afzal's cumulative shareholding in the company is reported to be zero, reflecting a cumulative percentage of 0.00%.

According to information available from the Pakistan Stock Exchange (PSX), transactions such as these are part of regular disclosures required under regulatory frameworks to ensure transparency in trading activities involving substantial shareholders, directors, or their immediate family members. This transaction is categorized under the ready market as per the designated market category.

The disclosure requirements under PSX Regulation 5.6.4 ensure that all market participants are aware of significant shareholding changes by individuals with potential insider knowledge, thereby maintaining market integrity.