Karachi: Shahzad Textile Mills Limited has disclosed a recent transaction involving the sale of company shares by a non-executive director, Mrs. Nazish Imran. The transaction, executed on July 18, 2025, involved the sale of 188 shares at a rate of 69.79 per share. Following this sale, Mrs. Imran's cumulative shareholding in the company stands at 280,318, marking a Big move in percentage terms.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is part of the regulatory compliance measures under PSX Regulations 5.6.4. The regulations necessitate disclosure by directors, executives, substantial shareholders, their spouses, and minors regarding their holdings and transactions in the company's shares.

The company has confirmed that details of this transaction will be presented in the upcoming Board Meeting. During the meeting, any non-compliance issues related to the transaction will be highlighted for consideration as required under the relevant clause of the PSX regulation. This step reflects the company's adherence to regulatory requirements and commitment to maintaining transparency in its operations.