Karachi: Tata Textile Mills Limited experienced a change in its shareholding structure as an independent director executed a transaction involving the company's shares. According to a disclosure filed under Pakistan Stock Exchange (PSX) Regulation 5.6.4, Mr. Tayyeb Afzal, serving as an Independent Director, sold shares in Tata Textile Mills Limited.
The transaction occurred on July 7, 2025, and involved the sale of 5,000 shares at a rate of 193.97 per share. Following this transaction, Mr. Afzal's cumulative shareholding in the company now stands at 1,500 shares, which represents an unchanged percentage of the total shares.
The disclosure was made in compliance with regulations that require relevant persons, such as directors and substantial shareholders, to report transactions in the company's shares. According to information available from the Pakistan Stock Exchange (PSX), such transactions need to be disclosed to maintain transparency and inform the market of changes in the ownership structure.
Tata Textile Mills Limited, listed under the designated market category on the Pakistan Stock Exchange, continues to monitor and disclose such transactions in compliance with regulatory requirements.