Karachi: Shahzad Textile Mills Limited, a prominent player in the textile sector, has disclosed a transaction involving its shares by a member of its board. On July 24, 2025, Mrs. Nazish Imran, who serves as a Non-Executive Director, executed a sale of 1,370 shares at a rate of 60.04 per share. This transaction resulted in a cumulative shareholding of 250,610 shares, which signifies a minor move in the percentage of her shareholding.

The company, listed under the designated market category in the Pakistan Stock Exchange (PSX), has stated that the transaction will be reviewed in an upcoming board meeting. The meeting will include discussions on any regulatory non-compliances associated with the transaction as mandated by clause 5.6.4 of the PSX regulations. The board has been tasked with highlighting these issues for thorough consideration.

According to information available from the Pakistan Stock Exchange (PSX), the transaction by Mrs. Nazish Imran will be scrutinized to ensure adherence to the relevant stock exchange regulations. This regulatory framework mandates disclosure of interest by directors, executives, and substantial shareholders, as well as their spouses and minors, when engaging in the buying or selling of company shares.

Shahzad Textile Mills Limited has confirmed that it will communicate the findings of the board's review, along with any compliance issues, to the exchange. This action underscores the company’s commitment to regulatory transparency and accountability.