Karachi: The Crescent Textile Mills Limited has disclosed recent transactions involving its CEO, Ahmed Shafi, who has significantly increased his stake in the company. The transactions were executed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, as revealed by official documentation.

On June 10, 2025, Ahmed Shafi purchased 8,549 shares at a rate of 15.59 per share, increasing his cumulative shareholding to 22,637,905 shares, representing 22.64% of the company's total shares. The following day, on June 11, 2025, Shafi further acquired 30,512 shares at a rate of 16.02 per share. This transaction raised his total to 22,668,417 shares, accounting for 22.67% of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a strategic move by Shafi to solidify his position and influence within the company. The designated market category for Crescent Textile Mills Limited is Textiles, as per PSX classifications.

The transactions underline the confidence of the company's leadership in the firm's future prospects and operational stability.