Karachi: Shahzad Textile Mills Limited has announced a transaction involving its non-executive director, Mrs. Nazish Imran, who sold 4,125 shares of the company on July 16, 2025. The shares were sold at a rate of 77.26 each, affecting a cumulative shareholding of 294,427 shares, which constitutes a Big move in the percentage change of her holdings.

According to information available from the Pakistan Stock Exchange (PSX), the transaction will be presented at the upcoming board meeting. This meeting will address any non-compliance issues, as required under clause 5.6.4 of the PSX Regulation. The transaction details have been disclosed in accordance with PSX regulations, ensuring transparency in the market activities of high-ranking individuals within the company.

The textile sector, a vital component of Pakistan's economy, is closely monitored by investors, and the movements of significant stakeholders within such companies are of particular interest. The disclosure by Shahzad Textile Mills Limited underscores the importance of regulatory compliance and transparency in maintaining market integrity.